Intel Completes McAfee Acquisition

Posted by Roblimo on Monday February 28, 2011 @01:18PM from the are-we-secure-yet? dept.

angry tapir writes "Intel has completed its US$7.68 billion acquisition of security vendor McAfee, the chip maker has announced. The all-cash deal makes Intel a security industry powerhouse, giving it a broad range of consumer and enterprise security products. Intel had been working to get the deal approved by US and European Union regulators since it was announced last August. The European Commission, in particular, had expressed concerns that Intel would give McAfee special treatment when it came to its processors and chipsets, locking other security vendors out of the technology."

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Almost worth it by GrumblyStuff · 2011-02-28 13:26 · Score: 5, Funny

$7.68 billion sounds almost worth it to make sure everyone at the company is fired and never allowed to write software or answer phones or manage a business again.
I mean, I didn't read TFA but I can't imagine any other reason for buying McAfee so that has to be the reason, right?