Intel 7.68 billion Dollar acquisition McAfee

This is the largest acquisition deal ever undertaken by Intel, and the latest in a series of mergers and acquisitions in the technology industry, August 19, Intel said it would buy McAfee, the security software maker, with $7.68 billion trillion,　　Intel will pay $48 in cash for McAfee shares per share, a 60% premium over McAfee's 18th closing. "Looking at what we already have, we recognize that computer security is the first choice for mergers and acquisitions," said Renee James, general manager of Intel's vice president and Software Solutions division, in a media interview Renee. We believe that we can improve computer security through hardware and develop better solutions. According to Reuters, Intel said it had approved the deal with McAfee's board of directors, and that the deal was expected to be completed after McAfee shareholders and regulatory approval.　　Currently, Intel does not give a clear timetable and says McAfee will become a wholly owned subsidiary of Intel.　　After the disclosure of the merger, Intel fell 3.5% in early 19th, McAfee's share price jumped 57%, and helped boost the performance of other computer security stocks, such as Symantec (Symantec) shares rose 5.2%. This is the biggest acquisition deal ever made by Intel, and the latest in a string of mergers and acquisitions in the technology industry.　　16th this month, Dell announced a 1.15 billion dollar acquisition of data storage company 3PAR.　　Intel's acquisition of McAfee, a chipmaker with a software company, was "surprising", Reuters reported, but it showed Intel's determination to continue to expand in popular markets outside PCs such as mobile devices and smartphones. According to Bloomberg, Intel will be able to expand the wireless device market by acquiring McAfee.　　McAfee is the second largest computer security software vendor after Symantec. Wall Street analysts believe that McAfee dominates the non-PC market, such as mobile phones, ATMs and automobiles.　　In these markets, McAfee's processor and security solutions will serve as an advantageous sales tool for Intel and its competitors to seize the market. Founded in 1987, McAfee has a revenue of $2 billion in 2009 and has cooperated with Intel on a variety of projects over the past 18 months.