Intel Finalizes McAfee Purchase

That’s right. Intel bought McAfee, the maker of a famous virus-protection software company, for $7.68 billion. While McAfee will continue making its own software, but it will work more directly will Intel to improve security on not only computers, but integrated systems such as “the billions of new Internet-ready devices, including PCs, mobile and wireless devices, TVs, cars, medical devices and ATM machines.” McAfee will report to Renée James, who is Intel’s senior vice president. The general manager of McAfee will be McAfee’s president Dave DeWalt. The company will report to Intel’s Software and Services group.