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Saturday, August 28, 2010

Intel to Scoop up McAfee for $7.68bln

Intel's recent takeover offer of McAfee has people questioning the deal. Why would Intel want a security company under its belt? Intel is offering $7.68 billion for the company, an astounding amount of money. McAfee secutity could add to Intel's stable business. The acquiree has a 13% growth rate, which could help boost Intel's which resides at 12%.