Intel says FTC approves McAfee acquisition

Dec 21, 2010
Intel said Tuesday that US anti-trust regulators have cleared its 7.68-billion-dollar acquisition of computer security firm McAfee but the deal is still being examined in Europe.

Intel said Tuesday that US anti-trust regulators have cleared its 7.68-billion-dollar acquisition of computer security firm McAfee but the deal is still being examined in Europe.

"The has concluded its review of the proposed McAfee transaction and has cleared it," Intel vice president for investor relations Kevin Sellers said in a note on Intel's investor relations website.

"We are continuing to work with the staff at the as they continue their review," Sellers added.

The Santa Clara, California-based Intel, whose processors power nearly 80 percent of computers worldwide, announced its plan to purchase McAfee, one of the world's largest anti-virus software companies, in August.

Explore further: WhatsApp says it now has half billion users

add to favorites email to friend print save as pdf

Related Stories

Intel buys McAfee for $7.7B in push beyond PCs (Update 3)

Aug 19, 2010

(AP) -- Talk about a new meaning for "Intel Inside." Intel Corp. wants to be inside your television. And your cell phone. And your car. And pretty much any other device that could one day connect to the Internet ...

Facebook teams with McAfee to tighten security

Jan 13, 2010

Facebook has announced an alliance with Internet security specialty firm McAfee to get user of the world's leading online social network to better protect their computers.

McAfee signs cellular anti-virus deal

Mar 20, 2006

M-Systems Flash Disk Pioneers Ltd. and anti-virus giant McAfee signed a partnership agreement on Sunday that will protect the new MegaSIM from viruses.

Recommended for you

Amazon Prime wins streaming deal with HBO

1 hour ago

Amazon scored a deal Wednesday to distribute old shows from premium cable TV channel HBO to its monthly Prime subscribers, landing a blow on rival Netflix in the streaming video battle.

LinkedIn to anchor new San Francisco high-rise

11 hours ago

San Francisco Mayor Ed Lee says the professional networking site LinkedIn will expand its presence in the city by anchoring a high-rise office building under construction.

User comments : 2

Adjust slider to filter visible comments by rank

Display comments: newest first

Quantum_Conundrum
not rated yet Dec 21, 2010
What next from Intel?

Adaptive A.I. Anti-Virus Chips?
technologyinf
not rated yet Dec 22, 2010
TECHNOLOGYINF.COM:The world we are living in is changing everyday. We are in technology age where things change in a friction of time. How the future technology will change our living? Learn everything about todays and Future Technology.

More news stories

Amazon Prime wins streaming deal with HBO

Amazon scored a deal Wednesday to distribute old shows from premium cable TV channel HBO to its monthly Prime subscribers, landing a blow on rival Netflix in the streaming video battle.

Is nuclear power the only way to avoid geoengineering?

"I think one can argue that if we were to follow a strong nuclear energy pathway—as well as doing everything else that we can—then we can solve the climate problem without doing geoengineering." So says Tom Wigley, one ...