Fresh Off The Block


Aug
20
2010

Intel Buys McAfee. Yes, you read right.

Just a few hours ago I saw this headline appear in the news. Since it’s attracted some interest in tech circles I’m a part of, I thought I’d repost it myself.

(This post was updated 20:35 BST with updated information about the deal. I’d like to thank The Register for their report of the news, which acted as the main source for these updates)

Intel has announced it is buying software-security company McAfee. The chip maker has offered $48 a share in cash for the anti-virus firm, a 62 per cent premium of McAfee’s Wednesday closing price of $29.93 a share. The total value of the acquisition, $7.68 billion, is Read the rest of this entry »

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