Private equity firm Symphony Technology Group (STG) has agreed to buy McAfee’s enterprise business for $4 billion, turning the legendary cybersecurity firm into a pure-play consumer business.

behind only Thoma Bravo’s $12.3 billion purchase of Proofpoint and Broadcom’s $10.7 buy of Symantec’s enterprise business. McAfee is reportedly nearing a deal to be sold to private equity ...