EU clears Intel's purchase of McAfee

Intel's proposed acquisition of McAfee has been approved by the European Commission, subject to certain conditions

The European Union's competition authorities have cleared Intel's proposed acquisition of McAfee subject to certain conditions.

The European Commission had conducted an investigation into the planned deal amid fears that rival IT security products could be excluded from the marketplace due to Intel's strong position in the global computer chip market. The concern was that Intel would build security functions into its chips that would only work with McAfee products.

However, to alleviate those concerns, Intel made commitments to the Commission earlier this month that it would ensure the interoperability of the merged entity's products with those of competitors. On Wednesday, the Commission indicated that those promises had been sufficient and decided to approve the acquisition rather than continue with a further four-month probe.

The approval is conditional upon Intel's commitments to ensure fair competition between the parties and their competitors in the field of computer security.

The two companies announced the deal last August, with the world's largest chip maker paying approximately US$7.7 billion for the security company. Analysts have speculated that Intel wants to buy McAfee to help it win lucrative government contracts that have security as a concern.

The deal has already been approved in the U.S.

Follow Jennifer on Twitter at @BrusselsGeek or email tips and comments to jennifer_baker@idg.com.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags regulationbusiness issuesintelmcafeeMergers / acquisitions

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jennifer Baker

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?