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.
McAfee, which has enjoyed double-digit, year-over-year growth and nearly 80 per cent gross margins last year, will become a wholly-owned subsidiary of Intel, reporting into Intel’s Software and Services Group managed by Renée James, Intel senior vice president, and general manager of the group.
McAfee, based in Santa Clara and founded in 1987, had approximately $2bn 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.
Among others, its 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.
https://www.youtube.com/watch?v=7SWl8PMKtNY
https://www.youtube.com/watch?v=7SWl8PMKtNY
First seven members join NG’s Great Grid Partnership
So in addition to (as seems likely) Great British Energy & Great British Railways we also have the Great Grid Upgrade To me, this rather … grates?