FTC Approves Intel Acquisition of McAfee

Wednesday Dec 22nd 2010 by Datamation.com Staff

Now the company is waiting for the European Commission to approve the deal.

Cnet: Intel is reporting that the Federal Trade Commission has officially approved the company's $7.68 billion takeover of security vendor McAfee. Now the company is awaiting approval from the European Commission, whose members have expressed concern about the acquisition.

If the deal is approved, it would be the largest in Intel's 42-year history.

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