New
#1
There is one way to waste the money.
Intel in $7.68bn McAfee takeover
-
-
-
New #3
Intel to Acquire McAfee
Not just chips anymore.
$7.68 Billion...SAN FRANCISCO — Intel, the chip maker, has turned into Intel, the security specialist.
The entrance to Intel’s campus in Hillsboro, Ore. Intel’s move to buy McAfee is its biggest effort to date to expand beyond its core chip-making business.
Making one of most eye-catching moves in its 42-year history, Intel announced Thursday that it planned to acquire McAfee for $7.68 billion in cash.
Under the terms of the deal, Intel will pay $48 a share in cash, a 60 percent premium over McAfee’s Wednesday closing stock price of $29.93.
-
-
New #5
Might have something to do with those embedded-security processors.
-
-
-
-
Intel in $7.68bn McAfee takeover
Posted: 19 Aug 2010
The world's biggest computer chip maker, Intel, has agreed to buy the security technology firm, McAfee.
Intel will pay about $7.68bn (£5bn) in cash.
Under the terms of the deal, Intel said it would pay $48 per share in cash for McAfee, almost 60% higher than its closing price on Wednesday.
Intel said the deal, which is intended to increase its security services, would slightly reduce net earnings in the first year.
The president and chief executive of Intel, Paul Otellini, said in the past, energy efficiency and connectivity had defined computing requirements, but security was becoming as important.
Mr Otellini said security would become a "third pillar" that people demanded.
BBC News - Intel in $7.68bn McAfee takeover
Robert
Peterborough England
Quote
Related Discussions