{"id":3052,"date":"2011-03-02T10:06:01","date_gmt":"2011-03-02T10:06:01","guid":{"rendered":"https:\/\/www.darknet.org.uk\/?p=3052"},"modified":"2015-09-09T19:37:17","modified_gmt":"2015-09-09T11:37:17","slug":"intel-completes-7-68b-mcafee-buyout-in-all-cash-deal","status":"publish","type":"post","link":"https:\/\/www.darknet.org.uk\/2011\/03\/intel-completes-7-68b-mcafee-buyout-in-all-cash-deal\/","title":{"rendered":"Intel Completes $7.68B McAfee Buyout In All-Cash Deal"},"content":{"rendered":"

The big news in the last fews days is that Intel<\/a> has completed it’s buy-out of McAfee<\/a> in a $7.6 Billion dollar all-cash deal, it seems like security on the chipset\/CPU is going to be a reality. We wrote about the initial acquisition back in August 201<\/a> and Intel have been working hard to get the deal past all the regulatory boards in the US and Europe.<\/p>\n

McAfee is actually the world’s second-largest security software company after Symantec<\/a>, so this acquisition makes them a serious player in the security industry.<\/p>\n

Intel has completed its $7.68 billion acquisition of security vendor McAfee, the chip maker announced on Monday.<\/p>\n

The all-cash deal makes Intel a security industry powerhouse, giving it a broad range of consumer and enterprise security products. Though the acquisition has left some observers scratching their heads, Intel says it needs the McAfee technology to help it bake security into its microprocessors and chipsets — especially as Intel looks to become more competitive in smartphones and other portable devices.<\/p>\n

“Intel and McAfee believe today’s approach to security does not adequately address the billions of new Internet-ready devices, including PCs, mobile and wireless devices, TVs, cars, medical devices and ATM machines,” Intel said Monday in a statement announcing the acquisition’s close. “With the surge in cyber threats, providing protection to a diverse online world requires a fundamentally new approach involving software, hardware and services.” <\/p><\/blockquote>\n

They will be running McAfee as a fully owned subsidiary and they also be leveraging other companies they have acquired to work together with the McAfee arm (companies such as Wind River<\/a>).<\/p>\n

As they said, the current approach to computer security (especially in the consumer sector) is stuck at least 10 years behind what is actually happening. I’m not sure if this merger can improve anything, but more security in the hardware\/CPU\/chipset can’t hurt really can it?<\/p>\n

Yah of course some clever chap is going to find a way to disable it\/block it or simply circumnavigate the protection – but it’ll still be better than nothing.<\/p>\n