Intel to buy McAfee

Intel Corp will pay McAfee Inc for security software and the price is $7.7 billion, its make the largest-ever acquisition to bolster the appeal of its chips as it tries to expand from PCs.
the latest in a flurry of high-premium acquisitions, could give the world's largest chip maker a leg up as it competes against a growing field of rivals designing technology to power smartphones, tablet PCs and newfangled televisions, said the analysts. And it make how security has become a concern in a world of web-enabled devices. McAfee would also give Intel the ability to sell high-profit security software percent down, while McAfee shares surged 57.1 percent and helped boost the wider security sector.

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