News - Intel to acquire security firm McAfee

[HEXUS]

Will join Havok in chip giant's software division after $7.7bn purchase.

Read more.

[Jimbo75]

Always good to see intel wasting our hard earned cash on pointless aquisitions.

[99Flake]

Always good to see intel wasting our hard earned cash on pointless aquisitions.

Sorry? How are they wasting your cash? Whilst I agree McAfee isn't really what I would consider a 'good buy', it is their money to spend, nothing to do with your hard earned cash? No one forced you to buy their products.

[b0redom]

It'll be interesting to see what they do with this. I presume it'll be security on a chip.

[BullDogg]

Always good to see intel wasting our hard earned cash on pointless aquisitions.

According to the original PR (assuming I read it right) McAfee experienced double digit growth last year and 80% gross margins on 2bn dollar revenues. Even if they didn't care about security, that's some pretty good returns.

Also, I think it's mostly for the cloud and mobile security.

[usxhe190]

Always good to see intel wasting our hard earned cash on pointless aquisitions.

I think it's time to sell your shares then??

But if you are saying this as a customer, I am confused.

[OilSheikh]

Intel, please buy Poundland. They have annual turnover of 510m

http://www.bitterwallet.com/poundlan...-thrifty/33500

[1stRaven]

it'll be interesting to see what happens as a business customer of theirs. McAfee recently brought out trust digital as well for mobile security and control, including iphones etc.

[dangel]

Look at the bright side - AMD can now catch up as Intel's CPU's will be saddled with McAfee Malware(tm)