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Intel Could Sell Cyber-Security Unit

Intel Could Sell Cyber-Security Unit

Enterprise & IT Jun 26,2016 0

Intel is considering selling the cyber-security business it purchased almost six years ago for $7.7 billion, the Financial Times reported on Sunday. The company has discussed the future of Intel Security with bankers, including potentially selling the McAfee anti-virus software maker, the paper reported, citing unidentified people close to the discussions.

Intel declined to comment.

Intel has been shifting its focus from the traditional semiconductor business to higher-growth areas, such as chips for data center machines and Internet-connected devices, as the personal-computer market has declined.

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