Intel Acquires McAfee For $7.68 Billion
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Intel Acquires McAfee For $7.68 Billion
Intel Acquires McAfee For $7.68 Billion
http://mashable.com/2010/08/19/intel-acquires-mcafee/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Mashable+(Mashable)
http://mashable.com/2010/08/19/intel-acquires-mcafee/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Mashable+(Mashable)
Intel has agreed to acquire McAfee Inc. for approximately $7.68 billion ($48 per share in cash), the company announced today. The boards of directors of both companies have approved the deal, which is expected to close following shareholder approval and regulatory clearances.
It’s a huge deal for Intel, primarily a hardware company, to acquire a security-oriented software company, especially one as big as McAfee. However, Intel believes that security has become an integral part of computing, which makes it their business, too.
“With the rapid expansion of growth across a vast array of Internet-connected devices, more and more of the elements of our lives have moved online. In the past, energy-efficient performance and connectivity have defined computing requirements. Looking forward, security will join those as a third pillar of what people demand from all computing experiences,” said Paul Otellini, Intel president and CEO.
The fact that McAfee has experienced fantastic growth in recent quarters probably spurred Intel to go through with the deal, too. Be it hardware-enhanced security or pure software security products, there’s no doubt about it: Intel is now one of the market leaders.
McAfee will operate as a wholly-owned subsidiary, and it will be reporting to Intel’s Software and Services Group.
4hams- Old Father Time
- Posts : 2708
Join date : 2010-02-06
Location : Ontario, Canada
Re: Intel Acquires McAfee For $7.68 Billion
Now Mcafee will tripple in cost to match intels price structure.
smduff- Admin
- Posts : 1592
Join date : 2010-02-07
Age : 50
Location : Canukland
Re: Intel Acquires McAfee For $7.68 Billion
That is ok with me as I do not use or ever intend to use McAfee!smduff wrote:Now Mcafee will tripple in cost to match intels price structure.
Lets hope it does not halt the development of Microsoft Security Essentials or influence it to become a bloated resource hungry pig like most Anti-Virus programs.
4hams- Old Father Time
- Posts : 2708
Join date : 2010-02-06
Location : Ontario, Canada
Re: Intel Acquires McAfee For $7.68 Billion
I doubt it will effect MS
smduff- Admin
- Posts : 1592
Join date : 2010-02-07
Age : 50
Location : Canukland
Re: Intel Acquires McAfee For $7.68 Billion
Maybe Mcafee will work well with windows now heyy !! !!
I am still happy with Kaspersky personally
I am still happy with Kaspersky personally
Re: Intel Acquires McAfee For $7.68 Billion
I used McAfee early on and had nothing but problems, then went to Norton NIS and was happy until Microsoft came out with MSE and now have that on all my PC's. Can't see how Intel buying McAfee will change MSE.
bob2701- Respected Forum Idividuals
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Age : 82
Location : Jersey Shore
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