Intel has agreed to acquire anti-virus giant McAfee for $7.68 billion (£4.9bn). The PC security market is in a strange place following the decision of Microsoft to offer free security software, but Intel have nevertheless decided that McAfee is ripe for purchase. The chip giant will buy all of McAfee’s stock at $48 per share in cash. Final approval pending The deal has been apparently been approved by both companies’ boards of directors but needs to be approved by McAfee shareholders and government regulators for it to become final
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Intel agrees £4.9 billion deal for McAfee
