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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by gregthecanuck on Fri 20th Aug 2010 00:25 UTC
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It seems obvious to me Intel bought it out for patent insurance. Rather than pay licensing fees and such just buy the whole darned company. Bonus is all the other goodies included. Should be interesting to see how they carve it up and spit out the unwanted chunks.

I agree with others - way over-priced. Perhaps there was a bidding war behind-the-scenes nobody knows about (yet).

Let's see how fast Intel can turn $7.68 billion into $1 billion. ;)

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