Intel Looks to Ease EU Concerns Over McAfee Deal
Intel is offering concessions to European regulators in hopes of gaining approval for its proposed $7.68 billion acquisition of security software maker McAfee.
The deal, which was approved last month by the U.S. Federal Trade Commission, is still being reviewed by the European Commission, which reportedly has had antitrust concerns about the deal.
According to reports last month, those concerns centered around the worry that using McAfee to build greater security into its processors, Intel—the world’s top chip vendor—would unfairly hurt the ability of McAfee’s rivals to compete. McAfee is the world’s second-largest security software maker after Symantec. Intel’s dominance of the chip market makes it an important partner for security software makers outside of McAfee.
