Intel sheds cyber security arm

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Intel sheds cyber security armAs part of its major restructuring programme, Intel is reported to be considering the sale of its cybersecurity arm Intel Security (previously named McAfee – which it acquired in 2011). The chip-maker never quite succeeded in its quest to incorporate McAfee’s cyber security technology into its products and is now looking for a buyer.

Intel plans to concentrate on developing its lucrative hardware business, producing microchips that power data centres and internet-connected devices whilst gradually moving away from its pioneering roots in the PC industry.

Read more at http://www.ibtimes.co.uk/intel-may-quit-cyber-security-business-it-plans-sell-division-formed-mcafee-acquisition-1567556

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