Intel says FTC approves McAfee acquisition

Intel said that US anti-trust regulators have cleared its 7.68-billion-dollar acquisition of McAfee
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.


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Citation: Intel says FTC approves McAfee acquisition (2010, December 21) retrieved 20 February 2020 from https://phys.org/news/2010-12-intel-ftc-mcafee-acquisition.html
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