Intel will buy McAfee
Intel, The world’s largest maker of microchips, announced it would pay about U.S. $ 7680 million McAfee, to take over the company leader in the field of security computer.
Both U.S. companies have their headquarters in Santa Clara (California) and join forces to “elevate security at the same time that energy efficiency and connectivity, “particularly in the field of mobile devices.
“With the rapid growth of mobile devices connected to the Internet, more and more elements of our lives moving in the network,” said President and CEO of Intel, Paul Otellini, to announce this transaction.
In his view, that is the reason that “security has joined the energy and connectivity as the third pillar of what most demand,” the computer industry.
58% Rise in titles
As detailed in the company before the opening of the New York stock market, each shareholder will receive $ 48 McAfee per share, representing a premium of nearly 60 % over the closing price on Wednesday on the New York Stock Exchange.
Therefore, in electronic trading that took place before the start of the regular session, shares of McAfee, a company specially known for its antivirus- software rose by 58% and were trading at $ 47.31 compared to 29.93 for which closed the previous day.
By contrast, shares of Intel, one of the thirty companies that comprise the Dow Jones industrial fell 2.3% in electronic trading and were trading at $ 19.14, partly affected by his warning that the operation will have a “slight ” negative impact on their accounts during the first year after the acquisition.
Wind River and Havok
The company which is recently announced the best quarter in its history, and had undertaken significant investments in the purchase of specialized companies in areas related to computer security, such as Wind River by $ 884 million and 110 million Havok.
At the same time, McAfee, which, however, had spread around somewhat disappointing quarterly results, Announced the investment in specialized firms, in turn, mobile device security, as ten Cube and Trust Digital.
Filed under: business technology
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