- Details
- Category: afilliate reviews/news
NEWS HIGHLIGHTS
- Purchase of all of McAfee’s common stock for $48 per share in cash, valuing the deal at approximately $7.68 billion. McAfee will operate as a wholly-owned subsidiary, reporting into Intel’s Software and Services Group.
- Acquisition enables a combination of security software and hardware from one company to ultimately better protect consumers, corporations and governments as billions of devices - and the server and cloud networks that manage them - go online.
- Intel elevates focus on security on par with energy-efficient performance and connectivity. The acquisition augments Intel’s mobile wireless strategy, helping to better assure customer and consumer security concerns as these billions of devices connect.
- Intel has made a number of software-related acquisitions of leaders in their respective industries that also rely on great silicon, including Wind River, Havok and now McAfee.
SANTA CLARA, Calif., Aug. 19, 2010 – Intel Corporation has entered into a definitive agreement to acquire McAfee, Inc., through the purchase of all of the company’s common stock at $48 per share in cash, for approximately $7.68 billion. Both boards of directors have unanimously approved the deal, which is expected to close after McAfee shareholder approval, regulatory clearances and other customary conditions specified in the agreement.
The acquisition reflects that security is now a fundamental component of online computing. Today’s security approach does not fully address the billions of new Internet-ready devices connecting, including mobile and wireless devices, TVs, cars, medical devices and ATM machines as well as the accompanying surge in cyber threats. Providing protection to a diverse online world requires a fundamentally new approach involving software, hardware and services.
Inside Intel, the company has elevated the priority of security to be on par with its strategic focus areas in energy-efficient performance and Internet connectivity.
McAfee, which has enjoyed double-digit, year-over-year growth and nearly 80 percent gross margins last year, will become a wholly-owned subsidiary of Intel, reporting into Intel’s Software and Services Group. The group is managed by Renée James, Intel senior vice president, and general manager of the group.
“With the rapid expansion of growth across a vast array of Internet-connected devices, more and more of the elements of our lives have moved online,” said Paul Otellini, Intel president and CEO. “In the past, energy-efficient performance and connectivity have defined computing requirements. Looking forward, security will join those as a third pillar of what people demand from all computing experiences.
“The addition of McAfee products and technologies into the Intel computing portfolio brings us incredibly talented people with a track record of delivering security innovations, products and services that the industry and consumers trust to make connecting to the Internet safer and more secure,” Otellini added.
“Hardware-enhanced security will lead to breakthroughs in effectively countering the increasingly sophisticated threats of today and tomorrow,” said James. “This acquisition is consistent with our software and services strategy to deliver an outstanding computing experience in fast-growing business areas, especially around the move to wireless mobility.”
“McAfee is the next step in this strategy, and the right security partner for us,” she added. “Our current work together has impressive prospects, and we look forward to introducing a product from our strategic partnership next year.”
“The cyber threat landscape has changed dramatically over the past few years, with millions of new threats appearing every month,” said Dave DeWalt, president and CEO of McAfee. “We believe this acquisition will result in our ability to deliver a safer, more secure and trusted Internet-enabled device experience.”
McAfee, based in Santa Clara and founded in 1987, is the world’s largest dedicated security technology company with approximately $2 billion in revenue in 2009. With approximately 6,100 employees, McAfee’s products and technologies deliver secure solutions and services to consumers, enterprises and governments around the world and include a strong sales force that works with a variety of customers.
The company has a suite of software-related security solutions, including end-point and networking products and services that are focused on helping to ensure Internet-connected devices and networks are protected from malicious content, phony requests and unsecured transactions and communications. Among others, products include McAfee Total Protection™, McAfee Antivirus, McAfee Internet Security, McAfee Firewall, McAfee IPS as well as an expanding line of products targeting mobile devices such as smartphones.
Intel has made a series of recent and successful software acquisitions to pursue a deliberate strategy focused on leading companies in their industry delivering software that takes advantage of silicon. These include gaming, visual computing, embedded device and machine software and now security.
Home to two of the most innovative labs and research in the high-tech industry, Intel and McAfee will also jointly explore future product concepts to further strengthen security in the cloud network and myriad of computers and devices people use in their everyday lives.
On a GAAP basis, Intel expects the combination to be slightly dilutive to earnings in the first year of operations and approximately flat in the second year. On a non-GAAP basis, excluding a one-time write down of deferred revenue when the transaction closes and amortization of acquired intangibles, Intel expects the combination to be slightly accretive in the first year and improve beyond that.
Intel was advised by Goldman Sachs & Co. and Morrison & Foerster LLP. McAfee was advised by Morgan Stanley & Co. Inc. and Wilson Sonsini Goodrich & Rosati, P.C.
Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.
About McAfee
 McAfee, Inc. (NYSE: MFE), headquartered in Santa Clara, California, is  the world's largest dedicated security technology company. McAfee is  committed to relentlessly tackling the world's toughest security  challenges. The company delivers proactive and proven solutions and  services that help secure systems and networks around the world,  allowing users to safely connect to the Internet, browse, and shop the  web more securely. Backed by an award-winning research team, McAfee  creates innovative products that empower home users, businesses, the  public sector, and service providers by enabling them to prove  compliance with regulations, protect data, prevent disruptions, identify  vulnerabilities, and continuously monitor and improve their security. http://www.mcafee.com.
FORWARD LOOKING STATEMENTS SAFE HARBOR
This press release contains certain forward-looking statements regarding the proposed transaction between Intel and McAfee, including but not limited to statements regarding the future demand for security; the effectiveness of hardware security; plans to introduce a product resulting from the strategic partnership in 2011; benefits of the proposed transaction; future products and concepts to increase security, particularly with respect to cloud computing and mobile devices and Intel’s expectations regarding the proposed transaction’s effects on its GAAP and non-GAAP results. Actual events or results may differ materially from those contained in these forward-looking statements. Among the important factors that could cause future events or results to vary from those addressed in the forward-looking statements include without limitation, risks and uncertainties arising from the possibility that the closing of the transaction may be delayed or may not occur; difficulties with the integration process or the realization of the benefits of the transaction; general economic conditions in the regions and industries in which Intel and McAfee operate; and litigation or regulatory matters involving antitrust and other issues that could affect the closing of the transaction. In addition, please refer to the documents that Intel and McAfee file with the SEC on Forms 10-K, 10-Q and 8-K. The filings by Intel and McAfee identify and address other important factors that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this press release. Intel and McAfee are under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.
- Details
- Category: afilliate reviews/news
Jetway JNC98-525E-LF Atom Motherboard @ TechwareLabs
- Details
- Category: afilliate reviews/news
they were one of the first to introduce the concept with their famous IFX-14
cooler. Although it never received as much attention as the much revered
Ultra 120 Extreme, the IFX-14 was a revolutionary design that allowed users
to attach up to three fans of varying thicknesses (25mm/38mm) so it proved
highly efficient for brute air cooling performance. However, the Ultra 120
Extreme has now been succeeded by the superior Venomous X, which proved to
be one of the best coolers we have tested here at Vortez, so it's now the
IFX-14's turn to undergo the same treatment. The result is the Thermalright
Silver Arrow.
Some of you may notice that the Silver Arrow is reminiscent of the Cogage
Arrow and that's because the latter was designed by the same engineer team.
Cogage is a budget oriented company that falls under the umbrella of its
parent company, Thermalright. That's not to say that the Silver Arrow is a
direct copy of the Cogage solution because it has undergone several
refinements to deliver a highly polished product that is deserving of its
Thermalright heritage. The most significant difference is the inclusion of
Thermalright's latest TR TY-140 fans but more on that later."
?
Thermalright Silver Arrow CPU Cooler Review @ Vortez.co.uk
- Details
- Category: afilliate reviews/news
- Details
- Category: afilliate reviews/news

 
 Highlights for PC-Q11A / PC-Q11B / PC-Q11R / PC-Q11W
- Supports Mini-ITX/Mini-DTX motherboards
- Two 3.5" HDD & two 2.5" HDD
- One 140mm system fan at the front
- Two PCI expansion slots
- One standard 5.25" optical drive
- Standard ATX PS/2 power supply units
- Support two USB3.0 / HD audio multimedia I/O ports
- Available in four colors: black, silver, red and (New!) piano white
- Availability: Arriving at local distributors end of August
- MSRP (VAT not included): US$94.99 for PC-Q11A/B (silver/black), US$114.9 for PC-Q11R (red), and US$174.99 for PC-Q11W (white)
- Details
- Category: afilliate reviews/news
Norco RPC-4020 4U Review @ OCC
- Details
- Category: afilliate reviews/news
NZXT Sentry LXE Review @ Neoseeker
- Details
- Category: afilliate reviews/news
iMicro PS-IM400WH Power Supply Review @ Hardware Secrets
- Details
- Category: afilliate reviews/news
News: Latest OS X update boosts Team Fortress 2 performance
- Details
- Category: afilliate reviews/news
News: Samsung's R480 14-inch notebook
- Details
- Category: afilliate reviews/news
Sierra Madre, California – (August 18, 2010) – Booq, a leading brand of premium laptop and iPad carrying cases for creative professionals, announces Boa push iPad messenger bag. Boa push is a slim and lightweight option to carry an iPad, iPhone, credit cards, identification, and all of the necessities you need to tackle your day. Available at booqbags.com and retailers throughout the country, booq’s sophisticated design and functionality delivers high-quality bags and cases for the next generation of ambitious professionals.
- Details
- Category: afilliate reviews/news
iXBT Labs Review: AMD 890GX Motherboard Roundup
- Details
- Category: afilliate reviews/news
NZXT Sentry LXE Fan controller @ Rbmods
- Details
- Category: afilliate reviews/news
Calgary, AB – August 17, 2010 – CoolIT Systems, leaders in advanced liquid cooling technology, announced today that Michael Grey has joined their team as Regional Manager - Americas. With Michael’s business experience as well as keen understanding of microprocessors and technology, CoolIT is well positioned to once again move forward and bring the very best in products and services to their customers.
- Details
- Category: afilliate reviews/news
NZXT Hades Review - XSReviews
- Details
- Category: afilliate reviews/news
City of Industry, CA -- Aug 18, 2010 -- Shuttle, an industry-leading designer and manufacturer of high-performance small form factor (SFF) PC solutions and creator of the XPC, today announced the launch of the its next generation slim PC -- the Shuttle XS35 -- that pushes the limits of the desktop in terms of size, functionality and design, setting a new benchmark for slim PCs, and available now at leading online retailers in the U.S.
- Details
- Category: afilliate reviews/news
Antec Dark Fleet DF-85 Enthusiast Gaming Case Review @ HardwareLogic
- Details
- Category: afilliate reviews/news
dropped it? We all know that scenario could happen to everyone. I really
hate having a new gadget that is all scratches and looks like its been used
for a very long time. The phone market is so expensive that I cant see
myself buying one every time something new comes out. With a hefty price
tags anywhere between 400 and 800$ the phone makers really know what they
doing so keeping the phone in a mint condition is my number one priority. Ok
so now I got a shiny new phone now to pick the right body skin. There is a
good amount of companies that claim that their skins are better than the
others by protecting your electronics better. The only way to find out is
the company is credible is by reading a review. Today we are going to be
taking a look at XO Skins Droid X skin.
UMLan Article Release: XO Skins Droid X - Review
- Details
- Category: afilliate reviews/news
likes of Corsair. Stores like Scan, Overclockers UK, ebuyer, ARIA, CCL and
others always stock this brand of memory. It's a firm favourite with
hardware enthusiasts and has national (and international) recognition for
being affordable and solid in performance.
The kit we are taking a look at today is designed for the AMD platform, and
more rightly - the AMD Black Edition of CPU's. The idea is that this memory
kit will compliment such a setup. We will be allowing it to unleash it's
true potential on the 890FX chipset accompanied by an AMD X6 1055T. The
perfect combination.
The OCZ Black Edition series are deemed as special edition and come in two
flavours CL7 or CL8. The kit we will be looking at is a CL8 4GB Dual Channel
kit rated at PC3-12800 that is - 1600MHz. It's timings come as 8-8-8-24 at
1.65v."
OCZ DDR3 PC3-12800 4GB AMD Black Edition Dual Channel Kit Review @ Vortez.co.uk
- Details
- Category: afilliate reviews/news
Thermaltake Armor A90 Case @ TechwareLabs
More Articles …
- GUITAR HERO®: WARRIORS OF ROCK UNLEASHES ALL 90+ ON-DISC TRACKS
- Patriot Memory Viper II Sector 7 1800MHz 6GB DDR3 Kit Review @ Bigbruin.com
- Gigabyte H55N-USB3 - Big Features, Small Package @ Techgage.com
- ASUS DRW-24B1ST SATA DVD-RW Drive Review @ Tweaknews
- Futurelooks News Flash - Antec DF-85 Dark Fleet Series ATX Enclosure Review
- Mad Catz® Announces Shipping of Wireless Racing Wheel for Xbox 360® Video Game System
- Mad Catz® Announce New Range of Cyborg® amBX™ Compatible Products for PC
- ASUS AT3IONT-I Deluxe Review @ OCC
- Cooler Master NotePal U3 Notebook Cooler Review @ Hi Tech Legion
- News - Eagle Arion ET-AR508LR-BK 2.1 Soundstage Speakers Review at CCE Reviews
Page 60 of 183
 
       
      