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Intel plans to sell its antivirus software

Monday 27 June 2016 09:21 CET | News

Intel has discussed with bankers about the future of its cybersecurity unit, including potentially selling the antivirus software maker formerly known as McAfee.

Intel bought McAfee in 2010 intending to embed its cybersecurity functionality onto chips, promising the ability to detect threats at a deeper level. Under this plan, device manufacturers would still have to decide to activate this option

Private equity buyers are increasingly interested in cyber security companies, anticipating strong cash flow as corporate customers become increasingly worried about protecting their business from cyber attacks.

A group of private equity companies might club together to buy Intel Security if it is sold for the same price or higher than the USD 7.7 billion Intel paid for it.


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Keywords: cybersecurity, antivirus software, cyber threats, chipmaker, Intel Secuirty, McAfee
Categories: Fraud & Financial Crime
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Countries: World
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Fraud & Financial Crime






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