Intel Buys McAfee for $7,680,000,000
So here's one we didn't see coming: Intel has just announced the acquisition of McAfee for more than $7.6 billion.
Intel this morning released a statement announcing its acquisition of software security company McAfee at a cost of $48 per share, or $7.68 billion. McAfee, which last year brought in more than $2 billion in revenue, has more than 6,000 employees and will operate as a wholly-owned subsidiary, reporting into Intel’s Software and Services Group. Intel CEO Paul Otellini said in a statement that the company now ranks security among its top three priorities, along with connectivity and energy-efficient performace.
"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," said Paul Otellini, Intel president and CEO.
"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. "
Renée James, Intel senior vice president and general manager of Software and Services, said the acquisition will lead to breakthroughs in the security market.
"Hardware-enhanced security will lead to breakthroughs in effectively countering the increasingly sophisticated threats of today and tomorrow," said James.
"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 the next step in this strategy, and the right security partner for us," she added. "Our current work together has impressive prospects, and we look forward to introducing a product from our strategic partnership next year," he added.
Both boards of directors approved the acquisition, which will be complete once it is approved by McAfee shareholders, and the various different regulatory bodies that have to give these kinds of deals the once over.
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Well, here's hoping they intend to improve on it. Otherwise I can't understand why they would invest SO MUCH into such TERRIBLE software.
Dangggggggg what are they going to do with mcafee? put it down to sleep I hope?
Yesterday would have been a nice day to buy the Stock In intel... for the short run anyway...
They need to buy AMD imo
So now Intel CPU's will crash when McCrappy releases a botched update? I might need to switch teams and go with AMD...
They need to buy AMD imo
No offense, but that is the dumbest thing ive heard in quite some time. AMD is their competition, if they buy them up, theres no more competition, and intel is the only cpu manufacturer, AKA, MONOPOLY. Then the can charge whatever they want for anything.
My dad did I think... He was as perplexed as I was... Why? Their AVS is HORRIBLE. It finds nothing. It fixes NOTHING. MSE>AVAST>>>Kapersky=NOD32>>Norton>>>McAffee...
And the 1st 2 are free!
If Intel were going to buy someone I would have had money they would have bought Nvidia and as the first line says 'didn't see that one coming'.
I repair computers for a living... and unless Intel knows something about mcafee that i don't, this is a HUGE mistake. I have NEVER seen a pc with mcafee that wasn't loaded with viruses. ever.
McAfee- I wouldn't give a dollar for their cr*p. Guess they did well dumping their turd on Microsoft.
So now Intel CPU's will crash when McCrappy releases a botched update? I might need to switch teams and go with AMD...
More like the AMD products crash and Intel products go faster. Intel does have some questionable business ethics.
No offense, but that is the dumbest thing ive heard in quite some time. AMD is their competition, if they buy them up, theres no more competition, and intel is the only cpu manufacturer, AKA, MONOPOLY. Then the can charge whatever they want for anything.
I recommend you take an economics class before commenting on a company's position when they are a monopoly. Does you Power Company charge you $10/Kwh? Does the USPS charge you $5 for a stamp just because? If they sold CPUs for $10,000, no one would buy them. If no one buys them, they don't make money. So they lower prices until the supply and demand meet in a happy place called the Equilibrium.
-No Offense.
Intel Antivirus?
Yesterday would have been a nice day to buy the Stock In intel... for the short run anyway...
what do you mean... as of right now, intel stock is down 3.5%. i would have bought mcafee stock yesterday, considering they are now up 57.10%
I'm just hoping there not thinking about implementing AV software into the architecture, think about it: Monitoring software hard-wired into your CPU, great way to enforce piracy!
McAfee Products A to Z
McAfee Products: A, C, D, E, F, H, I, M, N, P, R, S, T, U, V, W
A
Active Virus Defense [Large Enterprise]
Active VirusScan [Large Enterprise]
Anti-Theft (for Home and Home Office)
AntiSpyware [Small Business]
AntiSpyware Enterprise [Large Enterprise]
Application Control [Large Enterprise]
C
Change Control [Large Enterprise]
Change Reconciliation [Large Enterprise]
Configuration Control [Large Enterprise]
Content Security Blade Server [Large Enterprise]
D
Data Loss Prevention 9 [Large Enterprise]
Data Loss Prevention Monitor [Large Enterprise]
Data Protection Suite for Rights Management [Large Enterprise]
Device Control [Large Enterprise]
E
E-Business Client [Large Enterprise]
E-Business Server [Large Enterprise]
E-Business Server Native APIs [Large Enterprise]
E-Business Server Partner Edition [Large Enterprise]
E-Business Server for OS/390 [Large Enterprise]
Email Gateway [Large Enterprise]
Email Security Appliance [Large Enterprise]
Email and Web Security Appliance [Medium Business]
Embedded Security [Large Enterprise]
Encrypted USB [Large Enterprise]
Endpoint Encryption [Large Enterprise]
Endpoint Protection for Mac [Large Enterprise]
Enterprise Mobility Management [Large Enterprise]
ePolicy Orchestrator [Large Enterprise]
F
Firewall Enterprise [Large Enterprise]
H
Host Data Loss Prevention [Large Enterprise]
Host Intrusion Prevention for desktop [Large Enterprise]
Host Intrusion Prevention for desktops [Medium Business]
Host Intrusion Prevention for server [Large Enterprise]
I
Integrity Control [Large Enterprise]
Integrity Monitor [Large Enterprise]
Internet Security (for Home and Home Office)
M
Mobile Content Safety [Large Enterprise]
Mobile Security for Carriers [Large Enterprise]
Mobile Security for Device Manufacturers [Large Enterprise]
Mobile Security for Enterprise [Large Enterprise]
N
Network Access Control [Large Enterprise]
Network DLP Discover [Large Enterprise]
Network DLP Manager [Large Enterprise]
Network DLP Monitor [Medium Business]
Network DLP Prevent [Large Enterprise]
Network Security Manager [Large Enterprise]
Network Security Platform [Large Enterprise]
Network Threat Behavior Analysis [Large Enterprise]
Network Threat Response [Large Enterprise]
Network User Behavior Analysis [Large Enterprise]
P
PCI Certification Service [Large Enterprise]
PCI Pro [Large Enterprise]
Policy Auditor [Large Enterprise]
R
Remediation Manager [Large Enterprise]
Risk Advisor [Large Enterprise]
Risk and Compliance Manager [Large Enterprise]
S
SaaS Email & Web Protection Suite [Large Enterprise]
SaaS Email Archiving [Large Enterprise]
SaaS Email Encryption [Large Enterprise]
SaaS Email Inbound Filtering [Large Enterprise]
SaaS Email Protection [Large Enterprise]
SaaS Email Protection and Continuity [Large Enterprise]
SaaS Email Security and Archiving Suite [Large Enterprise]
SaaS Endpoint & Email Protection [Small Business]
SaaS Endpoint Protection [Small Business]
SaaS Endpoint Protection Advanced [Small Business]
SaaS Endpoint Security Suites [Large Enterprise]
SaaS Total Protection [Large Enterprise]
SaaS Web Protection [Large Enterprise]
SaaS Web and Email Security
with Archiving [Large Enterprise]
Security for Email Servers [Large Enterprise]
Security for Microsoft SharePoint [Large Enterprise]
SiteAdvisor [Large Enterprise]
SiteAdvisor Plus (for Home and Home Office)
SmartFilter [Large Enterprise]
T
Total Protection (for Home and Home Office)
Total Protection for Compliance - Desktops [Large Enterprise]
Total Protection for Data [Large Enterprise]
Total Protection for Endpoint [Large Enterprise]
Total Protection for Endpoint — Enterprise Edition Suite [Large Enterprise]
Total Protection for Endpoint—Advanced [Small Business]
Total Protection for Endpoint—Essentials [Small Business]
Total Protection for Internet Gateways [Large Enterprise]
Total Protection for Secure Business [Medium Business]
Total Protection for Server [Large Enterprise]
Total Protection for Virtualization [Large Enterprise]
U
Unified Threat Management (UTM) Firewall [Large Enterprise]
V
VirusScan Enterprise [Large Enterprise]
VirusScan Enterprise for Linux [Large Enterprise]
VirusScan Enterprise for Offline Virtual Images [Large Enterprise]
VirusScan Enterprise for use with SAP NetWeaver Platform [Large Enterprise]
VirusScan Plus (for Home and Home Office)
VirusScan USB (for Home and Home Office)
VirusScan for Mac [Large Enterprise]
VirusScan for Storage [Large Enterprise]
Vulnerability Assessment SaaS [Large Enterprise]
Vulnerability Management Service [Large Enterprise]
Vulnerability Manager [Large Enterprise]
Vulnerability Manager for Databases [Large Enterprise]
W
Web Gateway [Large Enterprise]
I'm just hoping there not thinking about implementing AV software into the architecture, think about it: Monitoring software hard-wired into your CPU, great way to enforce piracy!
That's what it sounds like to me. I don't know why else a hardware company would purchase an AV company. I can see it now - daily microcode updates for your CPU, then that one slips by quality control again and turns your machine in to a boat anchor.
Big fish eats little fish....
@ecnovaec
I'm in the same position, and I know exactly what you mean. The last PC I worked on that had McAfee had three trojans and a worm that Malwarebytes found within 20 min. The sad truth is most people blindly trust Norton and McAfee, where's alternative free products can provide much better service.
Maybe Intel has so much money they decided to do the right thing, and put the company down. Maybe then the government could learn from Intel, terrible companies DESERVE to fail, there's a reason they don't make money lol.
My dad did I think... He was as perplexed as I was... Why? Their AVS is HORRIBLE. It finds nothing. It fixes NOTHING. MSE>AVAST>>>Kapersky=NOD32>>Norton>>>McAffee...And the 1st 2 are free!
You forgot AVira which ranks about with MSE except so far only MSE has found some pretty nasty vruses that block Windows Update or kill the OS that the others haven't found yet.
As for Intel, if anything they will make it better. Intel also bought HavoK Physics and that ahs yet to perform worse and is still the top Physics engine.
So Intel lays out their plans in software however I think we're all still at a loss to understand their reasoning (if any) as to why this is a good fit. I can't even draw comparisons to the two companies. So many better companies out there with better products. The only positive about McAfee is they somehow keep 6000 people employed. Quite a feat considering their reputation among home users. And 2 Billion coming in? O_o? Must be the corporate environment fueling that. Baffling. I know I'm not the only one here that had to fix a computer after McAfee hosed the OS trying to remove some innocuous virus.
I have used Mcafee for the past 8 years and have and am still virus free, i would think Intel knows more then one man making one comment...
I recommend you take an economics class before commenting on a company's position when they are a monopoly. Does you Power Company charge you $10/Kwh? Does the USPS charge you $5 for a stamp just because? If they sold CPUs for $10,000, no one would buy them. If no one buys them, they don't make money. So they lower prices until the supply and demand meet in a happy place called the Equilibrium.-No Offense.
Around here there are laws stopping such hydro companies to continiously abuse their monopoly. I REALLY don't see that happening to Intel until enough time has passed and the harm has already been done. And I am sure he didn't mean a mere quad core at 3ghz for 10k, think more along the lines of 10% to 35% price boosts. Everyone knows no one will buy cpu's for 10k or simple stamps for $5. I recommend you use a little more common sense when countering arguments.-No Offense.
Take one 0 off the purchase price, compare to original purchase price, then give me the difference. Thanks.
I do not understand why anyone would want to move into this consumer space now that MSE is out, and free.
It's like buying netscape for a premium just as MS is burying them with free IE.
I repair computers for a living... and unless Intel knows something about mcafee that i don't, this is a HUGE mistake. I have NEVER seen a pc with mcafee that wasn't loaded with viruses. ever.
That depends on what McAfee you are talking about. The consumer version? would not come within 100TB of it.. the Corporate version is a WHOLE nother software and has pretty much never let me down. I've seen other offices with norton and kapersky get viruses where the corporate version of McAfee held strong.
They need to buy AMD imo
*facepalm*
Buying Nvidia would have made more sense.
You wouldn't say that if you know what they did with Dialogic & their HMP software.
Their shares actually went up when they sold it for a multi-billion $ loss (compared to what thy paid for it), that is how badly entering the telephony market space ate into their revenue.
McAfee Products A to Z
So... basically what I thought, then. Their home user anti-virus is an afterthought and performs as such. Didn't know they make all this slosh and I'm sure a lot of it isn't that well maintained. But if they make all that isn't there someone reading all this who works in the IT world with something, anything positive to say about McAfee? ... anyone?
That depends on what McAfee you are talking about. The consumer version? would not come within 100TB of it.. the Corporate version is a WHOLE nother software and has pretty much never let me down. I've seen other offices with norton and kapersky get viruses where the corporate version of McAfee held strong.
Why don't the consumers have the corporate version? Because consumer McAffee is awful.
To those that say this is an odd fit: Intel must be working on on-chip security. What better way to jump in than to buy the industry leader in computer security?
I have used McAfee before, it is a lame product that barely does what it says. But the just because their execution of products sucks(at the retail home user market) doesn't mean the corp sucks. I am looking forward to seeing what kind of active antivirus monitoring this eventually results in. "Doctor" co-processors that do scans...