Santa Clara, Calif. – Chipmaker Intel (NASD: INTC) has acquired computer
software security firm McAfee in a deal valued at $7.68 billion. Founded in
1987, Santa Clara, Calif.-based McAfee saw $2 billion in revenues last year,
and counts 6,100 employees.
"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," said Intel president and CEO Paul Otellin.
The acquisition
"enables a combination of security software and hardware from one company
to ultimately better protect consumers, corporations and governments as
billions of devices — and the server and cloud networks that manage them — go
online," Intel said.
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