Intel to Acquire McAfee for $7.68 Billion
By Craig Lloyd on Aug 19th, 2010 at 1:43PM
The chip-making giant that we all know and love will be acquiring the antivirus/security company McAfee for a whopping $7.68 billion. This doesn’t mean that McAfee is going kaput. It will simply function as a wholly owned subsidiary.
“We believe this acquisition will result in our ability to deliver a safer, more secure and trusted Internet-enabled device experience.” — Dave DeWalt, president and CEO of McAfee.
I suppose when you’re owned and controlled by Intel, great things can happen.
