McAfee Irish unit profits rise 50%

PRE-tax profits at the main Irish unit of US security software maker, McAfee, increased last year by more than 50% to €21 million.

Accounts just filed with the Companies Office show Cork-based McAfee Ireland Ltd increased its pre-tax profits by 52% to the end of December last year after increasing turnover 5% from €323.7m to €340.6m.

Last year, McAfee – which has its headquarters for Europe, the Middle East and Africa (EMEA) in Cork – announced the creation of an additional 120 jobs at its Cork base.