Intel's McAfee acquisition officially approved by FTC

Green light given for integration.

@TweakTown
Published Thu, Dec 23 2010 12:01 AM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT
Intel, mostly known for their work on the hardware side of the computer business, is one step closer to getting into cybersecurity with their announcement today that the Federal Trade Commission in the U.S. has approved their $7.68 billion acquisition of McAfee. The deal was originally announced last August but had plenty of hurdles to jump to get approved and is still awaiting European Commission approval.

Intel's McAfee acquisition officially approved by FTC | TweakTown.com


The acquisition of McAfee is an interesting one: Intel gets a huge team of cybersecurity experts to flesh out the possibility of hardware-based security features for their products, while McAfee gets insider knowledge of the hardware side and possibly a leg up on competing products. Having the Intel name behind their logo would definitely be a step forward. There's still no word yet on when we may see actual products coming from the partnership, but the future is interesting on both fronts when this officially gets through.
NEWS SOURCE:digitaltrends.com

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