STOCK TITAN

McAfee Partners with True Network Solutions to Offer Walmart Customers In-Store and Online Tech Services

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

McAfee has formed an exclusive retail partnership with True Network Solutions to provide security solutions for Walmart customers in the US. This collaboration aims to enhance Walmart's Technical Services Initiative, which has shown significant market potential. Customers will benefit from various technical services, including PC and mobile device setups. The partnership is expected to bolster McAfee's presence in North America, with a five-year agreement focusing on expanding distribution and enhancing customer security amid increasing digital threats.

Positive
  • Exclusive partnership with True Network Solutions enhances Walmart's service offerings.
  • Expansion of McAfee's distribution in North America through a five-year agreement.
  • Market potential demonstrated by successful pilot program in Walmart stores.
  • Partnership targets increased consumer demand for security solutions.
Negative
  • None.

Today, McAfee is announcing an exclusive retail partnership with True Network Solutions, Inc. Together, the companies are bringing McAfee security solutions to Walmart PC and mobile customers in the US, along with an array of technical service offerings. Offerings include PC Setup, Repair, and Technical Support as well as Mobile Device Setup and Repair services, with McAfee as the sole security software partner through True Network Solutions, within Walmart stores and online.

The partnership is part of the launch of Walmart’s new Technical Services Initiative. Walmart originally began testing a pilot program in select stores by offering both consumer electronics and technology services to their customers. Its success has proven there is an appetite in the market, and the potential for growth is high.

“Our commitment to delivering easy-to-use security solutions is further made possible through this collaboration,” said Pedro Gutierrez, SVP at McAfee. “We are proud to partner with True Network Solutions to give a new set of customers better peace of mind, especially at a time when the need for security solutions is higher than ever as today’s consumers leverage digital devices for nearly all daily activities.”

“McAfee is a leader in security solutions innovation and our partnership brings forth an opportunity for more consumers to protect their devices and home networks,” said the Chief Operating Officer at True Network Solutions. “We look forward to working together in scaling this partnership and building success together.”

The five-year deal supports McAfee’s focus on strengthening key partnerships and expanding distribution in North America.

About True Network Solutions, Inc.

True Network Solutions, Inc. is a dynamic team of disruptive technologists and retail experts focused on providing national omnichannel retailers with the tools, knowledge, and technical resources to successfully sell and deliver services. True Network Solutions, Inc. partners with retailers to offer over 150 different services to consumers and small businesses, ranging from in-home installations to 24/7 tech support subscriptions.

https://www.truenetworksolutions.com/

About McAfee

McAfee is the device-to-cloud cybersecurity company. Inspired by the power of working together, McAfee creates consumer and business solutions that make our world a safer place. www.mcafee.com

McAfee technologies’ features and benefits depend on system configuration and may require enabled hardware, software, or service activation. No computer system can be absolutely secure.

McAfee® and the McAfee logo are trademarks of McAfee, LLC or its subsidiaries in the United States and other countries. Other marks and brands may be claimed as the property of others.

FAQ

What is the partnership between McAfee and True Network Solutions about?

McAfee has partnered with True Network Solutions to provide security solutions and technical services in Walmart stores, improving safety for customers.

How long is the partnership between McAfee and True Network Solutions?

The partnership is set for five years, focusing on expanding McAfee's distribution in North America.

What services will be offered through this McAfee partnership at Walmart?

The partnership will offer technical services such as PC Setup, Repair, and Mobile Device Setup and Repair.

What initiative is McAfee's partnership with True Network Solutions supporting?

The partnership supports Walmart's new Technical Services Initiative, which aims to provide enhanced consumer electronics and technology services.

How does this partnership benefit McAfee?

The partnership strengthens McAfee's market presence and distribution capabilities while addressing the growing need for cybersecurity solutions.

MCFE

NASDAQ:MCFE

MCFE Rankings

MCFE Latest News

MCFE Stock Data

4.89B
106.86M
Data Processing, Hosting, and Related Services
Information
Link