Intel to move into security with McAfee purchase

08/19/2010 | New York Times (tiered subscription model), The

Intel has forged a deal to acquire McAfee for $7.68 billion, and will integrate the company's security technology into its chips for computers, smartphones and consumer electronics. However, some analysts said the expenditure seems excessive given the limited apparent synergies. "Eventually the software features will get embedded in the hardware. So maybe this is an expensive way for Intel to acquire domain expertise," said analyst Ashok Kumar of Rodman & Renshaw.

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