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Access "Intel acquision of McAfee a head-scratcher"

Published: 19 Oct 2012

So it finally happened. McAfee, the biggest security-only technology company left out there, has been acquired; and not by HP, nor IBM, nor even Symantec. Chipmaker Intel turned out to be the best suitor and had the biggest dowry, paying a 60-percent premium for the privilege of bringing software security to hardware. Close to 8 billion bucks for McAfee. Wow. Or is it: Why? Intel president and CEO Paul S. Otellini says the deal is all about embedding security inside of Internet-enabled devices--everything from processors running PCs and laptops, to smartphones, ATMs, televisions and yes, even, your car (now that's mobile computing). McAfee CEO Dave DeWalt points out that his company's Web reputation and cloud-virtualization security capabilities are a good fit with Intel's chips. Intel software and services VP and GM Renee J. James says the deal makes Intel a security player. "The way to think about this is we'll develop enhanced security solutions created only by our unique hardware innovations in combination with the software McAfee sells today," James ... Access >>>

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