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FT: Intel plans to launch Security business unit in the window
Intel consults the future of his business for security with banks and is considering a possible sale. It reports the Financial Times. A group of investors would be interested in the part, where McAfee is covered.
Intel bought McAfee six years ago for $ 7.7 billion and in 2014 the name largely disappeared, to make way for Intel Security. The chipmaker saw opportunities to combine security functionality with its processors. Due to the decline in PC sales, Intel’s strategy to revise. In April, the chipmaker announced a reorganization in which 12,000 jobs are deleted, and the company will focus more on the market for data centers, internet of things, memory and FPGAs.
According to the Financial Times, it is possible that a group of investors acquires together Intel Security for the same amount of 7.7 billion dollars or more. The market around security is significantly changing in recent years. In mid-June rose Symantec, Blue Coat for an amount of $ 4.65 billion and Microsoft has taken a number of security companies, such as last year’s Secure Islands. Late last year the Dutch Fox-IT has also been taken over by a British company.
IDF 2011 Intel McAfeeViewing:-118
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