Monday, June 27, 2016

Intel: Chip Group wants to sell IT security division – Handelsblatt

Intel

Once planned Intel buying McAfee to integrate security features directly into its chips. But now likely chipmaker media reports the to part of its IT security division

(Photo: Reuters).

London / Santa Clara Intel provides according to a newspaper report that the IT security division to the test. One option is the sale, wrote the “Financial Times” on Monday, citing informed people. An acknowledgment of Intel initially was not available. 2010 chip manufacturers took over the erstwhile industry pioneer McAfee for $ 7.7 billion. The division called the company in Intel Security to, the name McAfee was however still used for some products.

The business of IT security is considered in view of the growing threat of cyber attacks among financial investors as lucrative. According to the report, a group of private equity firms is interested to take joint Intel’s security division – with the proviso that the price settles at the then purchase price or slightly higher

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the US software provider Symantec accepts for $ 4.65 billion cyber security company Blue Coat. In January, the group had separated from its data storage subsidiary Veritas. more …

The market is considered very fragmented. Established providers of antivirus software like Symantec currently make new rivals such as FireEye or Palo Alto Networks competition. Recently sold two weeks before Bain Capital, the company adopted just last year Blue Coat 4.65 billion for around twice the purchase price at Symantec.

With the purchase of McAfee Intel originally had security features directly into its chips want to integrate. This cyber attacks should be met before they can spread via software applications. To date, the plans are not fully realized. Instead, left with David DeWalt and Mike DeCesare two top managers of the security sector, the company

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Intel fights because of the weakness of the PC business since months with problems. Now the world’s largest chip company responded with an establishment clearcutting and a strategic reorientation. Analysts are skeptical. more …

Intel currently makes to create the PC market, which shrank last year by year by around ten percent. Processors for personal computers still account for more than half of its business from the chip leader. Intel wants to focus more on chips for data centers and the Internet of Things and announced, among other things the reduction of 12, 000 jobs at

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