Intel to Buy McAfee

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Intel to buy McAfee in $7.7-bn deal

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Intel, the world's largest maker of computer chips, announced Thursday that it intended to buy software security firm McAfee in a deal worth $7.7 billion.

Analysts said the purchase signalled Intel's intent to incorporate McAfee's anti-virus and other security features directly into chips as the need to provide greater protection to new devices such as smartphones, cars and home appliances becomes more crucial.

Under the terms of the all-cash deal, Intel will pay $48 per McAfee share, a 60-percent premium over McAfee's Wednesday closing stock price of $29.93.

'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,' said Intel's chief executive, Paul S. Otellini, in a statement.

'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.'

McAfee's president and chief executive, Dave DeWalt, said cyber attacks were a growing danger. 'The cyber threat landscape has changed dramatically over the past few years with millions of new threats appearing every month.'

The deal comes as Intel moves aggressively to supplement its traditional dominance of PC and server chips by developing smaller chips for use in smartphones, which are increasingly seen as becoming the most widely used devices for accessing the internet.

While Thursday's purchase was one of the largest in Intel's 42-year history, the company signalled its intention to beef up its consumer software division in its purchase last year of Wind River for $884 million.

McAfee had a profit of $173 billion on $2 billion in revenue last year. Intel's revenue was $35 billion with $4.4 billion in profit.

(I don't think that it will affect users of its software much.)
 

Depravo

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But everyone knows that having multiple AV programs running can cause problems. Does this mean that if you buy anything with an Intel chip in the future you will be forced to use McAfee?
 

Urza

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Depravo said:
But everyone knows that having multiple AV programs running can cause problems. Does this mean that if you buy anything with an Intel chip in the future you will be forced to use McAfee?
No.
 

Depravo

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Urza said:
Depravo said:
But everyone knows that having multiple AV programs running can cause problems. Does this mean that if you buy anything with an Intel chip in the future you will be forced to use McAfee?
No.
Thank Christ for that. I recently ditched McAfee because it was doing my box in. I also didn't like their renewal procedure.
 

Urza

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Depravo said:
Urza said:
Depravo said:
But everyone knows that having multiple AV programs running can cause problems. Does this mean that if you buy anything with an Intel chip in the future you will be forced to use McAfee?
No.
Thank Christ for that. I recently ditched McAfee because it was doing my box in. I also didn't like their renewal procedure.
Well one possible result of this acquisition, is that Intel will use the intimate knowledge of their own architectures to rewrite and highly optimize McAfee for them.

Who knows.
 

ChaosBoi

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I never really liked McAfee since it always makes my computer slow, and there are better AV software that doesn't use up as much space (Avast for one). With Microsoft Security Essentials and Malwarebytes, you pretty much have all the protection you'll need.
 

RupeeClock

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Depravo said:
Urza said:
Depravo said:
But everyone knows that having multiple AV programs running can cause problems. Does this mean that if you buy anything with an Intel chip in the future you will be forced to use McAfee?
No.
Thank Christ for that. I recently ditched McAfee because it was doing my box in. I also didn't like their renewal procedure.
If anything, this buyout raises the possibility of intel-stock systems coming pre-loaded with McAfee.

If they're not careful, they're going to go the way of Norton, shit. Norton's sales tactic is to have sales offers ALL the time, prebundle as much as possible.

...I wonder what this means for McAfee secured websites? You know, like Play-asia.com?
 

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RupeeClock said:
Depravo said:
Urza said:
Depravo said:
But everyone knows that having multiple AV programs running can cause problems. Does this mean that if you buy anything with an Intel chip in the future you will be forced to use McAfee?
No.
Thank Christ for that. I recently ditched McAfee because it was doing my box in. I also didn't like their renewal procedure.
If anything, this buyout raises the possibility of intel-stock systems coming pre-loaded with McAfee.

If they're not careful, they're going to go the way of Norton, shit. Norton's sales tactic is to have sales offers ALL the time, prebundle as much as possible.

...I wonder what this means for McAfee secured websites? You know, like Play-asia.com?
Intel-based (and other chipset-based) prebuilts already largely come preloaded with McAfee.
 

worlok375

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Tch McAfee sucked when I used it, maybe this will make it better.
smile.gif
 

Canonbeat234

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Maybe this will answer people's prayers who can't go on the internet w/o getting pwn'd by viruses! Anti-virus and internet security is a MUST! Intel knows that and they are buying McAfee so when you do buy a Intel chipset, it comes with the software bundle.
 

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IchigoSJ said:
As long as they lower the amount off ram that it uses which is 1gb.
It's Intel... They are in interested in getting you to buy a new processor. Making McAfee run on six year old hardware won't be in their interest. Harness the power of your new 6 core processor, run McAfee!
 

DCG

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lol, in some ways I have turned my back to intel and chosen AMD which works extremely well with my ATI/AMD GFX card which somehow manages to harvest 4 GB out of nowhere (I can't detect any shared memory settings, I have 8GB ram and a 1 GB vram ......)
 

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tk_saturn said:
IchigoSJ said:
As long as they lower the amount off ram that it uses which is 1gb.
It's Intel... They are in interested in getting you to buy a new processor. Making McAfee run on six year old hardware won't be in their interest. Harness the power of your new 6 core processor, run McAfee!
Can't imagine how fast there new six cores will be when 25% of the ram is used by macafee but as long as you dont use Firefox I supposed you should have enough free ram.
 

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