Intel Acquires McAfee Cyber Security Company for $7.68 billion

By Shekhar Sahu on

20 August, 2010  at 11:42 PM

Filed Under: , , , , , , , , , ,

Intel Acquires McAfee Buys at $7.68 billion processor security company antivirus threats hackers attacks phishing


The big news is coming about acquisitions of McAfee by Intel. The leading processor and chip manufacturer Intel buys security Giant by a total sum of $7.68 billion in cash. In fact it was already predicted in March this year that Intel wants to buy McAfee. McAfee will now operate as a wholly-owned subsidiary, reporting into Intel’s Software and Services Group.


McAfee is one of the largest computer security company founded in 1987 with over 6100 employees. McAfee's Antivirus, other security suits and solutions are widely used in personal computers, enterprises and governments. The main products are McAfee Total Protection, McAfee Antivirus, McAfee Internet Security, McAfee Firewall, McAfee IPS etc.

Recently Intel also acquired some software companies from the field of gaming, visual computing, embedded device and machine software and finally security.







This acquisitions will give best products in combination. As Intel is growing hardware devices, servers and cloud computing and wireless technologies , Company also needs to ensure the security of products form cyber threats and virus attacks. Which will now be well fulfilled.

Along with that Intel will work to make security suits more energy efficient to follow the mantra of green computing. The antivirus are said to be resource eater, but this would be past saying :D


“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,” said Paul Otellini, Intel president and CEO. “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.

“Hardware-enhanced security will lead to breakthroughs in effectively countering the increasingly sophisticated threats of today and tomorrow,” said Renee James, Intel senior vice president. “This acquisition is consistent with our software and services strategy to deliver an outstanding computing experience in fast-growing business areas, especially around the move to wireless mobility.”

“The cyber threat landscape has changed dramatically over the past few years, with millions of new threats appearing every month,” said Dave DeWalt, president and CEO of McAfee. “We believe this acquisition will result in our ability to deliver a safer, more secure and trusted Internet-enabled device experience.”



This is really big news for us. And the Acquisitions will bring added benefits to both the company and we consumers. The products will be more green, energy efficient and secured.

What do you say?



Shekhar Sahu
(Blogger, Graphic & Flash Designer, Animator, 3D Modeler, Student)




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Intel Acquires McAfee Buys at $7.68 billion processor security company antivirus threats hackers attacks phishing

11 comments for this post

Good news for the consumers :) lets see how it works.

Posted on August 21, 2010 at 10:38 AM  

@Shabnam
Definitely better, waiting to see more.
:D

Posted on August 21, 2010 at 4:39 PM  

$7.68 is a huge money =)

Posted on August 23, 2010 at 12:47 AM  

We have to wait and see how this will work?

Posted on August 23, 2010 at 3:13 PM  

I actually think that was a bad choice on intel's part. McAfee isn't doing to well with its security. Maybe intel bought a dying company.

Posted on August 23, 2010 at 6:58 PM  

McAfee is one of the best antiviruses and after intel acquires it , lets hope this time , more offers and discounts will be available .
Now google will buy another antivirus ;)

Posted on August 24, 2010 at 5:31 PM  

@Peter
Perhaps you are right, McAfee isn't doing well nowadays.(what was the reason they agreed to sell it?)
But Intel will try it's best, and would not let it loose :D

Posted on August 24, 2010 at 7:46 PM  

Great antivirus company acquired by great company . didn't heard of that .

Posted on September 6, 2010 at 9:18 PM  

@Aatif oh thats big acqatision! how did you miss!

Posted on September 6, 2010 at 10:13 PM  

I have no idea why Intel wants to buy a closing company! Even McAfee have failed the latest AV tests!

Posted on September 7, 2010 at 9:16 PM  

I actually think that was a bad choice on intel's part. McAfee isn't doing to well with its security. Maybe intel bought a dying company.

Posted on November 28, 2010 at 3:33 PM  
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