Intel to buy McAfee for $ 7.68 billion


Intel has released a press release, which it says to acquire McAfee the world's largest computer security company in cash for 7.68 billion dollars or 5.99 billion euros. McAfee is well known, especially anti-virus programs by superimposing a large number of computers bundled.

Highlights:
  • Purchase of all of McAfee’s common stock for $48 per share in cash, valuing the deal at approximately $7.68 billion. McAfee will operate as a wholly-owned subsidiary, reporting into Intel’s Software and Services Group.
  • Acquisition enables a combination of security software and hardware from one company to ultimately better protect consumers, corporations and governments as billions of devices - and the server and cloud networks that manage them - go online.
  • Intel elevates focus on security on par with energy-efficient performance and connectivity. The acquisition augments Intel’s mobile wireless strategy, helping to better assure customer and consumer security concerns as these billions of devices connect.
  • Intel has made a number of software-related acquisitions of leaders in their respective industries that also rely on great silicon, including Wind River, Havok and now McAfee.
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Intel to buy McAfee for $ 7.68 billion Intel to buy McAfee for $ 7.68 billion Reviewed by Maherr Live on Friday, August 20, 2010 Rating: 5