Intel officially proposed to the Internet security company for USD 7.68 billion to strengthen its expansion into wireless and mobile device market.
“There are billions of devices that need to be protected. Markets internet security that is embedded in the device are very specific and represents a promising market opportunity for us,” said Head of Software Intel, Renee James
Agreed with James, McAfee CEO Dave DeWalt emphasized the great potential for the Internet security business in line with the increased use of wireless devices in everyday life.
Meanwhile, Panda Security’s Chief Executive Juan Santana, who commented on this case Intel welcomes the steps. He guessed, McAfee’s decision to accept the proposal of factors influenced Intel’s increasingly competitive market.
He argues, let the time to answer whether or not the acquisition is good for both parties. However, a clear, Santana agree that both are clearly raised the importance of IT security.
