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.

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McAfee Labs: It’s Time to Be Proactive on Cybersecurity

McAfee, Inc. Security Journal Examines Strategies for Shifting From Defense to Offense in Cybersecurity

SANTA CLARA, Calif.–(BUSINESS WIRE)–A new report published by McAfee, Inc. (NYSE:MFE) stresses the need for the security industry to take a more proactive position against cybercriminals. In light of recent cyberespionage, the breakup of cybercrime rings, and the threats that sophisticated malware such as Stuxnet present to critical infrastructures, McAfee Labs™ researchers and industry experts call for a more proactive strategy for fighting cybercrime.
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The FBI, in partnership with the Slovenian Criminal Police and the Spanish Guardia Civil, announced today significant developments in a two-year investigation of the creator and operators of the Mariposa Botnet. A botnet is a network of remote-controlled compromised computers.

The Mariposa Botnet was built with a computer virus known as “Butterfly Bot” and was used to steal passwords for websites and financial institutions. It stole computer users’ credit card and bank account information, launched denial of service attacks, and spread viruses. Industry experts estimated the Mariposa Botnet may have infected as many as 8 million to 12 million computers.
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