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  (Source: Digital Trends)
Intel hopes acquisition will help its "hardware enhanced security" efforts

Intel, the world's largest maker of computer processors, on Thursday announced news that shocked the tech world.  The firm would be acquiring antivirus software vendor McAfee at a price of $48 USD per share, for a total acquisition price of $7.68B USD.

Assuming the deal receives Federal Trade Commission approval, McAfee would become an Intel subsidiary, folding into the company's Software and Services Group.  

Intel made it clear that one major reason for the acquisition was to expand its wireless security offerings.  Intel, a major maker of wireless chipsets, believes that the industry is failing to address mobile security even as the market explodes with smartphones, tablets, and other mobile devices.

Paul Otellini, Intel president and CEO, comments:

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."

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.

The acquisition also will allow Intel to expand what it calls "hardware-enhanced security".  Similar to Intel's hardware-enhanced virtualization technology, the idea here is to directly implement security features in hardware, an approach that can offer energy savings and faster performance.  

States Renée James, Intel senior vice president, and general manager of the company's Software and Services Group, "Hardware-enhanced security will lead to breakthroughs in effectively countering the increasingly sophisticated threats of today and tomorrow.  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 coming off a strong year in 2009, in which it earned a total revenue of $2B USD, the most of any dedicated security firm.  The company was founded in 1987 and is based out of Santa Clara, Calif., the same location as Intel's headquarters.  Intel was founded in 1968.

The surprise announcement has approved a boon for investors with McAfee shares.  Share prices soared over 50 percent from around the $30 mark to above $47.

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RE: Wow
By DigitalFreak on 8/19/2010 11:00:39 AM , Rating: 5
I've used all 3 big name AV products (McAfee, Symantec and Trend Micro) in both personal and corporate settings as a Sys Admin. Both McAfee and Symantec have consistently been crap from both a performance and false positive / destroy your system standpoint.

RE: Wow
By B3an on 8/19/2010 11:55:44 AM , Rating: 3
Not to mention they're massively bloated, and i'm normally the last person to call a piece of software bloated.

RE: Wow
By Mitch101 on 8/19/2010 1:16:53 PM , Rating: 5
A nice feature of McCrappy would be the ability to clean an infected file not just pretend to try.

RE: Wow
By borismkv on 8/19/2010 1:32:02 PM , Rating: 5
When I was working in a Managed Services NOC, we had a client with McAfee's ePO solution. Whenever it found a virus in someone's email, it deleted the *entire exchange database*. It did this *twice*. Even after we told it to stop scanning the folders with the databases in it.

RE: Wow
By BikeDude on 8/21/2010 3:31:06 PM , Rating: 2
Well, that is one way of making sure nobody receives any malware through e-mail in the foreseeable future.

I have suspected for a long time that anti-malware have caused more damage than malware.

RE: Wow
By callmeroy on 8/23/2010 9:59:49 AM , Rating: 2
yeah but it got rid of the infected file ! :)

RE: Wow
By carage on 8/19/2010 7:54:49 PM , Rating: 2
In my experience with these three, it was Trend-Micro's that did this.

RE: Wow
By tastyratz on 8/19/2010 8:07:30 PM , Rating: 3
It all depends. From a personal consumer standpoint mcafee has been out of the running to me for years just like symantec. From a corporate sys admin angle it gets pretty hard to beat EPO unfortunately. I wish something like that could be coupled with a more corporately targeted avast.

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