Still not sure if I agree with the deal, and it does seem driven by a bunch of cash burning a hole in Intel's pocket.
Intel's stock only took a small dip, and it looks like some of those who left were shifting it to McAfee to ride the wave as the stock went up.
That's a lot of investors in an otherwise volatile market not jumping ship, so they must see something good in the deal that we're missing.
http://www.google.com/finance?client=ob&q=NASDAQ:INTC
Several other companies in that market went down a similar amount, so it doesn't seem to be extraordinary. I would expect a lot of tech investors to move their money to McAffe after that announcement hoping to get something out of it.
What matters is what happens after now. If it continues to go down for a long time, it might be a problem.
It seems strange that Intel is investing in this particular sector that leverages mostly Windows stuff. They should move out of Steve Ballmer's basement and make their own OS.
Why do they want to make software for platforms when their competencies are on hardware?
One that doesn't look like a antivirus program for Windows.
"They should move out of Steve Ballmer's basement and make their own OS." and "Why do they want to make software for platforms when their competencies are on hardware?" at the same time.
If they want to do software, they should develop a OS, maybe for Atom or some kind of mobile platform or otherwise.
Antivirus is back and to the left.
> maybe for Atom or some kind of mobile platform or otherwise.
I believe that's MeeGo (http://meego.com/).
"Why do they want to make software for platforms when their competencies are on hardware?"
Vendor lock-in and community are just as helpful for Intel as they are for other businesses. If they can grease the wheels for their primary business (even at a small loss), then it's not necessarily a bad idea.
Yeah, that won't have antitrust implications, or anything.