AAPL Stock: 118.03 ( -0.85 )

Printed from

Intel finalizes McAfee buyout

updated 07:20 pm EST, Mon February 28, 2011

Deal cleared all regulatory hurdles

Intel has announced that it has completed its acquisition of computer security company McAfee, which has been added as a subsidiary that reports to Intel's Software and Services Group. The deal was worth $7.68 billion and required Intel to convince the European Commission that McAfee's products will maintain compatibility with hardware produced by competitors.

"With the surge in cyber threats, providing protection to a diverse online world requires a fundamentally new approach involving software, hardware and services," Intel said in a statement.

As a subsidiary, McAfee will continue to sell security products under its own brand. The first products borne of direct collaboration between both companies are expected to arrive on the market later this year.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented