Linked by Thom Holwerda on Thu 19th Aug 2010 17:54 UTC, submitted by poundsmack
Intel Chalk this one up on the 'uh, what?'-list of acquisitions. Intel announced today that it has acquired Mcafee, the security and antivirus company we all know and love. The press release is a bit vague on why, exactly, Intel made this rather odd acquisition.
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RE: $7.68 billion
by Phloptical on Thu 19th Aug 2010 22:59 UTC in reply to "$7.68 billion"
Phloptical
Member since:
2006-10-10

They grossly overpaid for this merger. It's not 1999 anymore.

Reply Parent Score: 3