FOLLOW-UP: Intel follows through with sale of McAfee

[WMGroomAK]

In a follow-up to an article posted by @zMeul in June of last year, Intel has followed through with a sale of 51% of their shares of McAfee to TPG.  According to the article, Intel will retain a 49% stake in the company and will:

 

Quote

...continue to provide support and access to its resources, including "significant financial, operational, and technology."

"We offer Chris Young and the McAfee team our full support as they establish themselves as one of the largest pure-play cybersecurity companies in the industry," said Brian Krzanich, Intel CEO. "Security remains important to Intel, and in addition to our equity position and ongoing collaboration with McAfee, Intel will continue to integrate industry-leading security and privacy capabilities in our products from the cloud to billions of smart, connected computing devices."

http://hothardware.com/news/intel-spinning-off-mcafee-as-42b-standalone-company

 

The main reason that it appears that Intel is maintaining a relationship currently would appear to be to try and incorporate Hardware Based security features into their products.  The main items of interest that the article mentions these being used in would be Internet of Things devices.  While I personally don't care for McAfee, I definitely can see a benefit to IoT security, especially with the news of how those devices are subverted for DDoS attacks.  On the other side of this though, it opens the way to something very similar to what we see with Kaby Lake and the hardware based DRM.

[FPSwithaWacomTablet]

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"significant financial, operational, and technology."

Welp...

 

 

/s

[Jito463]

I don't know much about their endpoint/server protection, but I'd sooner recommend a free AV over the desktop McAfee AV.  Heck, I'd even go so far as to recommend MSSE over it.  The worst "mainstream" AV software I have ever encountered.  Norton beats it out, but only slightly.  I'll stick with my NOD32.

[Carclis]

So now it's only $5.6b loss?

[Master Disaster]

9 hours ago, Jito463 said:

I don't know much about their endpoint/server protection, but I'd sooner recommend a free AV over the desktop McAfee AV.  Heck, I'd even go so far as to recommend MSSE over it.  The worst "mainstream" AV software I have ever encountered.  Norton beats it out, but only slightly.  I'll stick with my NOD32.

Norton AV has improved in leaps and bounds recently, for the last 2 years its been in the top 3 overall performers behind only Kaspersky & Bit Defender (in reality all 3 tie the top position will full marks across the board)

[Citadelen]

If there's one thing Intel is really good at, it's wasting money on pointless projects and aqusitions.