McAfee buy moves Intel toward IBM model
August 20, 2010 // Dylan McGrath
Intel Corp.'s proposed $7.68 billion acquisition of security software vendor McAfee Inc. moves the No. 1 chip vendor further down a diversification path that could eventually see the company relying less on chip sales and more on software and consulting services, according to a Wall Street analyst.
"If Intel does pursue this business strategy, we could expect to see a host of other acquisitions that build scale for Intel's software and services division," Berger said.
Intel (Santa Clara, Calif.) said Thursday it entered into a definitive agreement to acquire McAfee for $48 per share in cash, a 60 percent premium over McAfee's closing price of $29.93 Wednesday. Both companies' board of directors unanimously approved the deal, Intel said.
Berger drew parallels between the proposed McAfee deal and Intel's 2009 acquisition of embedded software vendor Wind River Systems Inc. At the time, Berger and other analysts speculated that Intel would continue pursue added software exposure as a way to embed more value and IP into its chips.
Intel said it has made a series of recent software acquisitions "to pursue a deliberate strategy focused on leading companies in their industry delivering software that takes advantage of silicon." The company said it would integrate McAfee technology into its chips to enhance security. Providing security in an increasingly online world "requires a fundamentally new approach involving software, hardware and services," the company added.
"Hardware-enhanced security will lead to breakthroughs in effectively countering the increasingly sophisticated threats of today and tomorrow," said Rene James, Intel senior vice president and general manager of the company's Software and Services Group. "This acquisition is consistent with our software and services strategy to deliver an outstanding computing experience in fast-growing business areas, especially around the move to wireless mobility."All news
Conspiracy alleged over Rousset wafer fab closure
March 07, 2014
A class action lawsuit has been filed in Federal Court in New York alleging that Atmel Corp. (San Jose, Calif.) conspired ...
Europe loses PV market lead to Asia in 2013
Driverless car sharing concept focuses on digital comfort
Automated SSL test system authenticates LED technology performance
Paper-thin ultracapacitor aims to boost Li-ion battery performance
Apple set to transform sapphire wafer market
March 07, 2014
The sapphire industry ended an 18 month period of depressed pricing and achieved $936 million in revenue for wafer products ...
FTDI reveals streaming instruction behind new 32bit architecture
AMD taps UK tool for video verification
UHF RFID – the radio technology of choice for Industry 4.0
- DSM presents: Select the best plastic for DDR4
- Wireless Sensor Network Challenges and Solutions
- Putting FPGAs to Work in Software Radio Systems Handbook
- Real-Time Spectrum Analysis for Troubleshooting 802.11n/ac WLAN Devices
InterviewWi-Fi is ‘open’ for business, which is good news for mobile subscribers
Following the news that Netgear has built a Facebook-linked amenity Wi-Fi option into its routers, enabling businesses to offer free Wi-Fi in return for liking the company Facebook page, David Nowicki, ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Freescale is giving away ten RIoTboards, worth 74 dollars each, for EETimes Europe's readers to win.
Designed to run Android operating systems efficiently or to run under Linux, the board is based on the Freescale i.MX 6Solo processor; using the ARM Cortex-A9 architecture.
And the winner is...
In our previous reader offer, Crystal Display was giving...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.