From the official press release Intel it became known that the company completed the acquisition procedure of the manufacturer of anti-virus software - McAfee. The deal was valued at $7.68 billion.
This is the biggest deal in history Intel. The processor manufacturer announced its desire to implement it as early as last summer. However, it took time for the deal to be approved by the US Federal Trade Commission. Also, the antimonopoly committees from the European Union did not object to it either.
The companies said that the first fruits of their joint work should be expected this year, towards the end. At the same time, branded products McAfee will continue to be available on the market.
“We believe that security is most effective when it is enabled at the hardware level,” said the CEO Intel Paul Otellini.
This is not the first time that Intel acquires a software manufacturer. It appears that the company is gradually shifting its focus away from semiconductor manufacturing. However, so far the company's income from software sales is negligible.