Intel Tosses 7.8 Billion To McAfee

Quoting Paul Otellini, Intel 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.” It looks like Intel’s “third pillar” will be McAfee.

A $48.00 per share offer starts the ball rolling on Intel’s newest aquisition. Both Intel and McAfee are agreeable and if approved by the necessary regulators, the deal will go forward.

Here’s the story and the clip, direct from the Intel Newsroom.

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