Written by The world’s biggest chip maker, Intel, has agreed to acquire the security technology firm, McAfee Inc. for $7.68 (approx).
Intel’s deal is set to buy out the whole of McAfee’s stock for $48 per share and the boards of directors of both companies have approved the deal unanimously. As they get approval from its shareholders and government regulators, McAfee will wholly be owned by Intel.
The world’s biggest chip maker company, explains on the fairly big acquisition of the security-oriented software company as the security that has been a major concern of day to day computing.
“With the rapid expansion of growth across a vast array of Internet-connected devices, more and more of the elements of our lives have moved online. In the past, energy-efficient performance and connectivity have defined computing requirements. Looking forward, security will join those as a third pillar of what people demand from all computing experiences,” – Paul Otellini, President and CEO of Intel.
Intel believes that an advanced hardware-enhanced security will help in minimizing the increasingly sophisticated threats of today and tomorrow. With this, the company is looking forward to deliver an outstanding computing experience in fast-growing business areas and wireless mobility as well.
McAfee’s acquisition and its hardware-enhanced security development might take data and online security to a different level. There are more possibilities yet to see.
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