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The 10 Biggest Software Stories Of 2010

Rick Whiting

1. Intel To Acquire McAfee



Intel stunned the industry on Aug. 19 when it announced a deal to buy security software developer McAfee for $7.68 billion.

Yes, the acquisition is big, probably the biggest in the IT industry in some time. (Even Oracle's acquisition of Sun Microsystems was only $7.3 billion.) But the significance goes beyond the dollar value. As with the Oracle-Sun deal, Intel's pending acquisition of McAfee is further proof that the line between "hardware vendors" and "software vendors" is becoming increasingly blurred.

The acquisition will help Intel develop security software and hardware products for Internet-ready mobile and wireless devices, and embedded systems in ATMs, cars and even medical devices. The companies expect to close the deal late this year or in early 2011. While the acquisition has made some partners nervous about McAfee's future, Intel CEO Paul Otellini has pledged to operate McAfee as a wholly owned subsidiary and maintain the current business model for resellers.


 
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