Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 28 January 2011 10:59

EC approves Intel's take over of McAfee

Written by Nick Farell
eu

But sets conditions
Chipzilla and the EU seem to have come to an arrangement over Intel's purchase of the security outfit McAfee.

The European Commission has formally approved Intel's $7.68 billion acquisition of security-software provider McAfee but set conditions on the deal. The Commission had been concerned that the deal would end up excluding competing security software from operating with Intel processors, but, as part of the conditions for merger approval, Intel agreed to make sure its products would continue to work with rival software.

"The commitments submitted by Intel strike the right balance, as they allow preserving both competition and the beneficial effects of the merger," Joaquín Almunia, the Commission's vice president in charge of competition policy, said. "These changes will ensure that vigorous competition is maintained and that consumers get the best result in terms of price, choice and quality of the IT security products."

Last August, Intel agreed to pay $48 a share for McAfee. At the time, the company said the transaction could close as early as the end of 2010.  Many thought that Intel would stick McAfee software into its chips but that now looks like that will not be the case.

The only question is now why Intel bought the outfit at all.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments