Intel acquires McAfee for $7B

Technology

Intel acquires McAfee for $7B

The merger allows McAfee to continue developing and selling security products and services under its own brand.

Federal News Network Staff

March 1, 2011 4:13 pm

< a min read

It’s official two cybersecurity giants are now working on the same team. Intel has acquired security software giant McAfee for more than $7 billion.

The merger allows McAfee to continue developing and selling security products and services under its own brand.

This merger reflects the narrowing gap between IT and IT security. Intel hopes, the acquisition will provide a combination of security software and hardware.

This story is part of Federal News Radio’s daily Cybersecurity Update brought to you by Tripwire. For more cybersecurity news, click here.

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