Intel buys McAfee for nearly $8 billion

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Holy acquisitions, Batman!

While most of the IT guys I know aren’t fans of McAfee — especially after that teensy little definition screwup which resulted in thousands of unwanted desktop support hours — Intel is obviously a fan. In a press release this morning, the IT behemoth has announced that they’re swallowing up McAfee for the princely sum of $7.7 billion dollars.

Whether guys like you or I like it or not, McAfee still has a lot going for it. It’s preinstalled on loads of OEM PCs and gets plenty of subscription buys as a result. It’s a force to be reckoned with in the enterprise, and they’re one of the most widely-recognized names in antivirus.

Maybe this is a bad time to point out that McAffee 2010 posted the worst repair mark out of the 19 apps tested by AV-Test labs this quarter… Heck, it didn’t even manage the 12 points required for certification.

(awesome Horatio generator hosted here)

Intel buys McAfee for nearly $8 billion originally appeared on Download Squad on Thu, 19 Aug 2010 09:30:00 EST. Please see our terms for use of feeds.

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