Home / News

Intel to buy McAfee for $7.68 Billion, Biggest Acquisition in 42-Year History

By CircleID Reporter
  • August 19, 2010, 7:54 pm PDT
  • Views: 5,204
  • Add Comment

Intel plans to buy security company McAfee for $7.68 billion—the biggest acquisition in its 42-year history. The chipmaker said Thursday it has entered into a definitive agreement to buy all of McAfee’s common stock at $48 per share in cash. McAfee’s stock closed Wednesday at $29.93, making Intel’s offer a 60 percent premium. The boards of both companies have approved the deal.

Related Links:
Intel to buy McAfee for $7.68 billion CNET News, Aug.19.2010
Analysts: McAfee fits into Intel’s future CNET News, Aug.19.2010

By CircleID Reporter

CircleID’s internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us.

Visit Page

Filed Under

Comments

Comment Title:

  Notify me of follow-up comments

We encourage you to post comments and engage in discussions that advance this post through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can report it using the link at the end of each comment. Views expressed in the comments do not represent those of CircleID. For more information on our comment policy, see Codes of Conduct.

CircleID Newsletter The Weekly Wrap

More and more professionals are choosing to publish critical posts on CircleID from all corners of the Internet industry. If you find it hard to keep up daily, consider subscribing to our weekly digest. We will provide you a convenient summary report once a week sent directly to your inbox. It's a quick and easy read.

I make a point of reading CircleID. There is no getting around the utility of knowing what thoughtful people are thinking and saying about our industry.

VINTON CERF
Co-designer of the TCP/IP Protocols & the Architecture of the Internet

Related

Topics

Brand Protection

Sponsored byCSC

Domain Names

Sponsored byVerisign

New TLDs

Sponsored byRadix

Cybersecurity

Sponsored byVerisign

IPv4 Markets

Sponsored byIPv4.Global

Threat Intelligence

Sponsored byWhoisXML API

View All Topics