Intel Completes McAfee Acquisition

Intel has completed its US$7.68 billion acquisition of security vendor McAfee, the chip maker has announced. The all-cash deal makes Intel a security industry powerhouse, giving it a broad range of consumer and enterprise security products. Intel had been working to get the deal approved by U.S. and European Union regulators since it was announced last August. The European Commission, in particular, had expressed concerns that Intel would give McAfee special treatment when it came to its processors and chipsets, locking other security vendors out of the technology