Intel has acquired McAfee for $7.68Bn cash ($48/share). McAfee, which has enjoyed double-digit, year-over-year growth and nearly 80 percent gross margins last year, will become a wholly-owned subsidiary of Intel, reporting into Intel’s Software and Services Group
- Purchase of all of McAfee’s common stock for $48 per share in cash, valuing the deal at approximately $7.68 billion. McAfee will operate as a wholly-owned subsidiary, reporting into Intel’s Software and Services Group.
- Acquisition enables a combination of security software and hardware from one company to ultimately better protect consumers, corporations and governments as billions of devices – and the server and cloud networks that manage them – go online.
- Intel elevates focus on security on par with energy-efficient performance and connectivity. The acquisition augments Intel’s mobile wireless strategy, helping to better assure customer and consumer security concerns as these billions of devices connect. [more details]
McAfee recently acquired Singapore based TenCube to strengthen its mobile security offering.
Google Chrome Web Store Developer Preview
The Chrome Web Store will let you publish apps — either free or paid — where Google Chrome users can easily find them. Your app can be a regular website with a bit of extra metadata that makes it easy to find in Google Chrome. Or it can be more specialized, such as a Google Chrome Extension or a web app that’s been modified to be downloaded and run on the user’s computer. [more details]
RIM Hunting for Mobile Ad Network
In the midst of controversy, RIM is shopping for a mobile ad network. In recent months, the Canadian device maker has held talks with Baltimore-based mobile ad network Millennial Media about a potential acquisition, these people said.(source). InMobi?
Guide to protect Privacy on Facebook Places
Facebook introduced Facebook Places yesterday and Electronic Frontier Foundation has shared a few tips on protecting one’s privacy on FB Places.
If your friend attempts to check you in and you have not opted into Places, you will receive a notification that gives you two options: (1) “allow check-ins,” which opts you in to the program or (2) “not now” which only disallows that particular check in. Once you are opted in, you will not receive further notices before being checked in by friends. If you want to have complete control over whether you are listed at a location, you have to permanently disallow check-ins by your friends by disabling “Friends can check me in to Places” on the customize privacy settings page. This is the most privacy protective option, since you will only be listed at a location if you affirmatively choose to check in. – source