Intel to Acquire McAfee

Intel to Acquire McAfee

Intel Corporation has entered into a definitive agreement to acquire McAfee, Inc., through the purchase of all of the company’s common stock at $48 per share in cash, for approximately $7.68 billion. Both boards of directors have unanimously approved the deal, which is expected to close after McAfee shareholder approval, regulatory clearances and other customary conditions specified in the agreement.

 

The acquisition reflects that security is now a fundamental component of online computing. Today’s security approach does not fully address the billions of new Internet-ready devices connecting, including mobile and wireless devices, TVs, cars, medical devices and ATM machines as well as the accompanying surge in cyber threats. Providing protection to a diverse online world requires a fundamentally new approach involving software, hardware and services.

 

Inside Intel, the company has elevated the priority of security to be on par with its strategic focus areas in energy-efficient performance and Internet connectivity.

McAfee, which has enjoyed double-digit, year-over-year growth and nearly 80 percent gross margins last year, will become a wholly-owned subsidiary of Intel, reporting into Intel’s Software and Services Group. The group is managed by Renée James, Intel senior vice president, and general manager of the group.

 

“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 Paul Otellini, Intel president and CEO. “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.

 

“The addition of McAfee products and technologies into the Intel computing portfolio brings us incredibly talented people with a track record of delivering security innovations, products and services that the industry and consumers trust to make connecting to the Internet safer and more secure,” Otellini added.

“Hardware-enhanced security will lead to breakthroughs in effectively countering the increasingly sophisticated threats of today and tomorrow,” said James. “This acquisition is consistent with our software and services strategy to deliver an outstanding computing experience in fast-growing business areas, especially around the move to wireless mobility.”

 

“McAfee is the next step in this strategy, and the right security partner for us,” she added. “Our current work together has impressive prospects, and we look forward to introducing a product from our strategic partnership next year.”

“The cyber threat landscape has changed dramatically over the past few years, with millions of new threats appearing every month,” said Dave DeWalt, president and CEO of McAfee. “We believe this acquisition will result in our ability to deliver a safer, more secure and trusted Internet-enabled device experience.”

 

McAfee, based in Santa Clara and founded in 1987, is the world’s largest dedicated security technology company with approximately $2 billion in revenue in 2009. With approximately 6,100 employees, McAfee’s products and technologies deliver secure solutions and services to consumers, enterprises and governments around the world and include a strong sales force that works with a variety of customers.

 

The company has a suite of software-related security solutions, including end-point and networking products and services that are focused on helping to ensure Internet-connected devices and networks are protected from malicious content, phony requests and unsecured transactions and communications. Among others, products include McAfee Total Protection™, McAfee Antivirus, McAfee Internet Security, McAfee Firewall, McAfee IPS as well as an expanding line of products targeting mobile devices such as smartphones.

 

Intel has made a series of recent and successful software acquisitions to pursue a deliberate strategy focused on leading companies in their industry delivering software that takes advantage of silicon. These include gaming, visual computing, embedded device and machine software and now security.

 

Home to two of the most innovative labs and research in the high-tech industry, Intel and McAfee will also jointly explore future product concepts to further strengthen security in the cloud network and myriad of computers and devices people use in their everyday lives.

 

On a GAAP basis, Intel expects the combination to be slightly dilutive to earnings in the first year of operations and approximately flat in the second year. On a non-GAAP basis, excluding a one-time write down of deferred revenue when the transaction closes and amortization of acquired intangibles, Intel expects the combination to be slightly accretive in the first year and improve beyond that.


Link: Intel

Skrevet af Martin den 19. Aug 2010. Nyheden er læst 488 gang(e).

Del med dine venner

     

0 kommentarer
Skriv kommentar til nyheden Kommentarer til nyheden fra Facebook

 

Antec P110 Luce Kabinet

Anonymt design, hærdet glas og RGB lys, er blot nogle af de features der kan nævnes omkring det nye P110 Luce

Læs Mere

MSI GeForce GTX 1080 Ti Gaming X Trio

MSI har smidt endnu et GeForce GTX 1080 Ti kort på gaden, og denne gang er det med hove

Læs Mere

Logitech Universal Folio

Bruger du din tablet meget, i så fald kunne produktet vi skal se på i denne test, måske vække din

Læs Mere

ARCTIC Freezer 33 - eSport Edition - CPU køler til både Intel og AMD

Køling af vores hardwarekomponenter er et must, hvis vi overhovedet skal have et fungerende computersystem. Om man

Læs Mere

Blue Blackout Spark SL kondensator mikrofon

Du kender Blue for deres Yeti mikrofoner, og har måske set vores anmeldelser af deres entusiast headsets her på

Læs Mere

Cooler Master MasterWatt Lite 700 watt

Strømforsyningen som er en af de vigtigste dele i en computer er ofte et sted hvor mange vælger at spare. i d

Læs Mere

SteelSeries Qck Prism

Computeren, tastaturet og musen er pimpet med RGB lys, men du mangler det sidste for at gøre dit setup perfekt - mu

Læs Mere

SteelSeries Qck+ Limited

Hvad end du er til stof eller plastik, kommer du ikke uden om at skulle bruge en musemåtte til din computer. I denne

Læs Mere

 

Nyeste Videoer og Trailers

Seneste nyheder

Anden Søndag i Advent 2017 - TWEAK.DK JULE GIVEAWAY

Vi er kommet til anden omgang af vores julekonkurrence
Læs Mere

Titan V benchmarks giver baghjul til GTX 1080 Ti

Fredag blev gavepapiret taget af et nyt business minded NVIDIA grafikkort med teksten “the most powerful PC GP
Læs Mere

AMD bekræfter anden generation Ryzen i første kvartal af 2018

Anden generation af AMD’s populære Ryzen serie programsættes til første kvartal af 2018 ifølge den roadmap AMD
Læs Mere

Tweak News - Uge 49

Der er samlet op på endnu en samling nyheder, så du kun behøver kigge et sted. Vi skyder også endnu en giveawa
Læs Mere

YouTube klar med ny musiktjeneste

YouTube er fortsætter med at engagere sig i musikkens muligheder. Webportalen er på vej med helt ny musiktjene
Læs Mere

Amazon Prime Video tilgængelig via Apple TV

Amazon Prime Video er ude nu. Den nye tjeneste kan findes som app på Apple TV.
Læs Mere

Første søndag i advent 2017 - TWEAK.DK JULE GIVEAWAY

Tweak.dk sætter gang i adventskonkurrencen 2017, som indeholder mange fede produkter frem mod julen 2017. Dest
Læs Mere

Razer Portal Gaming Wireless Router klar fra Q1 2018

Razer lover det er slut med screen tearing og buffering med deres nye Portal Gaming Wireless Router, og så kom
Læs Mere
Partner sider
Indsend nyhed
Har du fundet en fed nyhed så indsend den så alle andre på Tweak.dk kan få glæde af den.