Intel finalizes McAfee buyout

Silicon giant Intel is pleased to announce that they have finally finalized and completed their acquisition of computer security company McAfee, where the latter has taken its wings under the Intel Software and Services Group as a subsidiary. This deal has been touted to be within the $7.68 billion region, and it did take a fair bit of convincing on Intel’s part to touch base with the European Commission that McAfee’s products will not violate antitrust laws, maintaining compatibility with hardware which rolls out on competing platforms such as AMD devices. No idea on how Intel intends to bring McAfee forward as a company, but one will most probably keep his/her fingers crossed that the firstfruits of this union will arrive in store shelves (digital or otherwise) sometime before 2011 is over.