What would a hardware kingpin want with a purveyor of security software? A partnership, analysts might imagine, but certainly not a full acquisition.
Yet that’s exactly what chip leader Intel has done with its $7.7 all-cash purchase of McAfee. CEO Paul Ottelini explains that the purchase reflects the view that security will be implemented most effectively at the hardware level.
But are the synergies there enough to justify such a pricey acquisition? eSecurity Planet takes a look.
Intel is buying security vendor McAfee in a blockbuster $7.7 billion all-cash deal.
Intel expects the deal to close by the end of the year pending regulatory approvals.