Intel has completed its US$7.68 billion acquisition of security vendor McAfee, the chip maker announced on Monday.
The all-cash deal makes Intel a security industry powerhouse, giving it a broad range of consumer and enterprise security products. "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." |