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Intel to buy McAfee for $7.68 bn

Posted on: August 19th 2010 in Press Releases.

Chip maker Intel Corp said it would buy security technology firm McAfee Inc for $7.68 billion in an effort to make security technology a strategic focus. Intel said it would pay $48 per share in cash for McAfee in its biggest acquisition ever. The price is a 60 per cent premium to McAfee…

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