Sunday, February 27, 2011

Intel Completes McAfee Acquisition

Intel completed its previously announced acquisition of McAfee. The deal was first announced in August 2010.

Intel said this acquisition provides it with the means of tackling security and the pervasive nature of computing threats in an entirely new way. The first fruits of this deal will come to market later this year.

McAfee will continue developing and selling security products and services under its own brand.

As a wholly-owned subsidiary of Intel, McAfee reports into Intel's Software and Services Group. The group is managed by Renée James, Intel senior vice president, and general manager. McAfee's president, Dave DeWalt, will report to James.


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