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Windows 7: Intel in $7.68bn McAfee takeover

19 Aug 2010   #1
G4PYR

Windows 7
 
 
Intel in $7.68bn McAfee takeover

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


My System SpecsSystem Spec
.

19 Aug 2010   #2
whs
Microsoft MVP

Vista, Windows7, Mint Mate, Zorin, Windows 8
 
 

There is one way to waste the money.
My System SpecsSystem Spec
19 Aug 2010   #3
G1LLY

Windows 7 Ultimate x64 SP1
 
 

Quote   Quote: Originally Posted by whs View Post
There is one way to waste the money.
LOL!

So true.
My System SpecsSystem Spec
.


19 Aug 2010   #4
Win7User512

Windows 7 x64 / Same
 
 
Intel to Acquire McAfee

Not just chips anymore.

Quote:
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.
$7.68 Billion...
My System SpecsSystem Spec
19 Aug 2010   #5
Petey7

Windows 7 Professional SP1 64-bit
 
 

Heres hoping they either fix it, or do away with McAfee for good.
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19 Aug 2010   #6
Bill2

Windows 7 x64 pro/ Windows 7 x86 Pro/ XP SP3 x86
 
 

Might have something to do with those embedded-security processors.
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19 Aug 2010   #7
Dinesh

Windows® 8 Pro (64-bit)
 
 

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19 Aug 2010   #8
Dinesh

Windows® 8 Pro (64-bit)
 
 

I hope Intel techs make McAfee a good product.
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19 Aug 2010   #9
Elwoodch

 
 

Quote   Quote: Originally Posted by whs View Post
There is one way to waste the money.
no true, my wife knows many....
My System SpecsSystem Spec
19 Aug 2010   #10
whs
Microsoft MVP

Vista, Windows7, Mint Mate, Zorin, Windows 8
 
 

Quote   Quote: Originally Posted by Elwoodch View Post
Quote   Quote: Originally Posted by whs View Post
There is one way to waste the money.
no true, my wife knows many....
Yeah, especially shoes. She keeps adding to the 400 pairs and I soon need to build an addition to the house for storage.
My System SpecsSystem Spec
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 Intel in $7.68bn McAfee takeover




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