nsane.forums Posted January 27, 2011 Share Posted January 27, 2011 Merger gets the approval of EU regulators Intel's proposed acquisition of McAfee has been approved by European regulators. The EU's Competition Commission said that it was clearing the chipmaker to go forward with its intended acquisition of security specialist McAfee. In order to win the commission's approval, the company had to agree to interoperability rules which ensure that rival security vendors will not be locked out of Intel's chips. The agreement puts to rest concerns from the EU about a possible merger between the chipmaker and the security giant. The commission had reportedly been worried that the firm could lock rival antivirus vendors out of the Intel platform and force users to run McAfee software. "The commitments submitted by Intel strike the right balance, as they allow preserving both competition and the beneficial effects of the merger," said Joaquin Almunia, commission vice president in charge of competition policy. "These changes will ensure that vigorous competition is maintained and that consumers get the best result in terms of price, choice and quality of the IT security products." said Commission Vice-President in charge of competition policy Joaquín Almunia. The approval signifies an important step forward for Intel's purchase of McAfee. The chipmaker made headlines last August when it made the surprise announcement that it would be buying McAfee for $8bn. View: Original Article Link to comment Share on other sites More sharing options...
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