Intel Goes After McAfee, What Does It Mean ?

intelIntel made a lot of jaws drop when they announced that they plan to buy security software giant McAfee.

The move, estimated at over $7.6 billion will transform McAfee in a subsidiary of Intel, who plans to strengthen its mobile strategy. The company also plans to extend and enhance the security offerings, bringing not only software but also hardware-enhanced security in the game.

This means that your TV, car, nearby ATM or other electronics will also be protected from the ever increasing security risks.

The ever increasing market of smartphones, like iPhone, Blackberry or Windows Mobile phones will also be great platforms for the company’s latest security offerings.

McAfee wasn’t doing bad at all before the announcement, as the company generated approximately $2 billion in revenue in 2009, with a double-digit growth over the last year.



Posted by on Aug 19 2010. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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