Top Story

e4m_logo.png

Home >> Digital >> Article

iZone International: Intel completes McAfee acquisition

02-March-2011
Font Size   16
iZone International: Intel completes McAfee acquisition

Intel announced on March 1, 2011 that the company had acquired anti-virus maker McAfee. Last year, Intel had said that it would acquire McAfee in an all-cash deal worth $7.68 billion that would bolster the chip-maker’s computing portfolio, especially in terms of wireless mobility offerings.

McAfee will continue developing and selling security products and services under its own brand, but Intel and McAfee plan to bring new products that tackle security and the pervasive nature of computing threats in a new way, later this year.

Intel and McAfee believe today’s approach to security does not adequately address the billions of new Internet-ready devices, including PCs, mobile and wireless devices, TVs, cars, medical devices and ATM machines. With the surge in cyber threats, providing protection to a diverse online world requires a fundamentally new approach involving software, hardware and services. Together, the two companies will work to help people more securely take full advantage of the potential of computing and connectivity.

McAfee will now be a part of Intel’s Software and Services Group, managed by Renee James, Senior VP and GM Intel, whom McAfee’s President Dave DeWalt will now report to.

“In the past, energy-efficient performance and Internet connectivity have defined computing requirements,” said James. He added, “Intel has added security as a third pillar of what people demand from their experiences with personal computers and other connected devices. Security challenges put the future potential of computing at risk. The acquisition of McAfee adds not only world-leading security products and technologies to Intel’s computing portfolio, but also brings incredibly talented people focused on delivering products and services that help make connecting to the mobile Internet safer and more secure.”
 

Tags Intel

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

For their latest campaign ‘Peeoge toh Janoge’ (English translation: you’ll buy it if you taste it), Wagh Bakri and DDB Mudra gave Sakshi a new, rustic avatar.

Dabbawalas send some extra love along with dabbas to working professional across Mumbai

The Diamond Producers Association brings to life another rare moment as part of the ‘Real is Rare. Real is a Diamond' Campaign