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Old 19th August 2010 | 17:57
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green granite
More bang for your buck
 
Joined: Nov 2005
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From: land of the clanger
This begs the question why?

The world's biggest chip maker, Intel, has agreed to buy the security technology firm, McAfee.

Intel will pay $7.68bn (£5bn) in cash.

Under the terms of the deal, Intel said it would pay $48 per share in cash for McAfee, almost 60% higher than its closing price on Wednesday.

Through buying McAfee, a leading security technology firm, Intel intends to build security features into its microprocessors which go into products such as laptops and phones.

Full article: BBC News - Intel in $7.68bn McAfee takeover
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