Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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