Tags: 3PAR, antivirus, chip-maker, intel, mcaffe, software deal
Intel Corp will acquire security software company McAfee Inc. in an all-cash deal worth USD 7.68 billion that will bolster the world’s largest chip-maker’s computing portfolio, especially in wireless mobility offerings.
The chip-maker will purchase all the common shares of McAfee at a price of USD 48 per piece, valuing the deal at USD 7.68 billion, Intel said in a statement today.
Both the companies have a good presence in India.
In the backdrop of improving economic conditions, there have been a slew of deals worldwide in recent months. Earlier this week, computer-maker Dell on Monday had announced that it would acquire data storage company 3PAR Inc. for USD 1.15 billion.
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