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Intel buys McAfee?

Interesting turn of events as word on the street is that Intel is buying security giant McAfee for a whooping $7.6 billion ($48 per share in cash). McAfee will continue to operate as a wholly owned subsidiary. This may be part of Intel’s cloud strategy and/or security strategy particularly on new devices. In the past they have bought companies like Ireland’s Havok because they will drive a need for better, more powerful, fast chips.

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