Rumors were there but it is now confirmed from Intel Press release that Intel has purchased McAfee for USD 7.68 billion.
According to Intel, till date, the primary focus of hardware development industry were on two “P”, Power and performance. But with network / connectivity and Internet penetration, one more “P” needs attention, that’s protection.
Intel always have been in forefront for leading and shaping the industry and at a time where most of the consumer devices / embedded systems, mobile and PC’s are depending and connecting to Internet for most of their work, its time that protection too gets more priority than any other factor.
Intel plans to keep the present McAfee staff and continue RnD to develop new means hardware embedded protection.