Intel to enter security software market with McAfee deal

Intel Corp., the world's largest chip maker, is buying its way into the security software market by paying about $7.7 billion to acquire one of the biggest players in the cyber-protection field, McAfee Inc.

Intel of Santa Clara, Calif., said the acquisition, one of the year's largest technology deals, could allow it to build McAfee's anti-virus technology directly into its chips. Intel said this would help shield computers, wireless devices and embedded systems in vehicles and ATMs from online crime.

Traditionally, anti-virus software has been downloaded onto desktop and laptop computers. But Intel and McAfee together might have an easier time embedding security into tablets and smart phones, said Erik Suppiger, senior research analyst at Signal Hill Capital.

Read Full Article from Los Angeles Times

- Posted: 2010-08-19 21:48:57

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