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Intel announces plans to buy McAfee

by on20 August 2010

$7.68 billion
Intel has announced plans to acquire insecurity outfit McAfee for $7.68 billion. The chipmaker believes the move will provide it with an edge in the security market and the ability to blend security features into new devices.

Intel CEO Paul Otellini announced that the integration will improve security for internet users and their devices and the first results of the new partnership will be released in 2011.

Some analysts were surprised by the announcement, as McAfee and Intel don’t seem like a match made in heaven. The fact that Intel is primarily a chipmaker also raised questions on how it could directly benefit from such a deal, as it’s not heavily involved in software development. Others believe the deal makes sense, but that Intel overpaid for McAfee.

In related and somewhat more entertaining news McAfee has identified actress Cameron Diaz as the celebrity most likely to lead users to a malicious site in search results. Well it all depends on what users are searching for, but we can see where this is going.
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