Intel Buys Cyber Security Giant McAfee For $7.68 Billion In Cash

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Intel has just bought computer and software security company McAfee according to a release issued this morning. The all cash deal is worth $7.68 billion, or $48 per share. See the release below.

According the statement issued by Intel, McAfee will continue to operate as a wholly-owned subsidiary, reporting into Intel’s Software and Services Group. Intel says the “acquisition enables a combination of security software and hardware from one company to ultimately better protect consumers, corporations and governments as billions of devices – and the server and cloud networks that manage them – go online.”

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