Dear Michelle,
Welcome to the IT PRO newsletter for Friday 20 August 2010.
Intel has agreed to shell out a massive $7.68 billion to acquire McAfee in a deal that will cause more than a ripple in the security sphere.
The purchase is reflective of the growing importance of security in online computing, according to Intel, and the pair will work on product concepts that will cover the range of protection required in the modern day world.
Meanwhile, McAfee’s 6,100 employees and range of popular security products will soon find themselves under the wing of a new owner.
It is undeniably a lot of money to spend on a firm, but is it worth it? Why has Intel invested so much in McAfee? And how much of an impact will it make on the security landscape?