Intel in $7.68bn McAfee takeover
Wayne Brooker at Thursday 19th August filed under Competitions
"The world's biggest chip maker, Intel, has agreed to buy the security technology firm, McAfee.
Intel will pay $7.68bn (£5bn) in cash.
Under the terms of the deal, Intel said it would pay $48 per share in cash for McAfee, almost 60% higher than its closing price on Wednesday."