Intel’s purchase of McAfee highlights cybercrime fears

Chipmaker Intel’s $7.7bn purchase of McAfee, the security software provider, on Thursday gave dramatic proof of how concerns about cybercrime and cyber espionage have penetrated deeply into the technology establishment.Even within a security industry that had been expecting a wave of consolidation, the deal is surprising. see:With McAfee Deal, Intel Looks for Edge
Hoping to accelerate its move into smartphones and consumer electronics, the chip maker Intel has turned to security software and services as a way to separate its products from those of its rivals.On Thursday, Intel paid $7.68 billion to acquire McAfee, one of the leading sellers of antivirus and other computer security software. The companies, both based in Santa Clara, Calif., plan to create tight links between Intel’s chips and McAfee’s security technology.

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