Intel Buys McAfee

Intel announced that the company had agreed to buy McAfee, it is the computer antivirus software maker. Intel seeks to expand its presence in security services and the company will spend $7.7 billion in cash buying McAfee.

McAfee, Inc. is an antivirus software and computer security company headquartered in Santa Clara, California. McAfee markets McAfee VirusScan and related security products and services, including the IntruShield, Entercept, and Foundstone brands. The company was founded in 1987 as McAfee Associates, named for its founder John McAfee. wiki