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According to Intel’s head honcho, Apple is cool with the Infineon deal and their McAfee acquisition will drive new solutions to keep viruses and malware off your smartphone and PC. The news that Intel snapped up Apple’s supplier Infineon and antivirus company McAfee for $1.4 billion and a whopping $7.68 billion respectively, caught even the most seasoned industry watchers off guard. But you don’t need a crystal ball to decipher the reasoning behind such expensive decisions as Intel’s boss Paul Otellini went on record with Fox’s Liz Claman explaining why. Apparently, the Infineon deal was the cheapest solution to grab both their LTE technology and high-profile clients.
When asked how Steve Jobs felt when Intel bought Infineon’s wireless business responsible for baseband tech powering the iPhone and iPad, Otellini said the following:
When asked how Steve Jobs felt when Intel bought Infineon’s wireless business responsible for baseband tech powering the iPhone and iPad, Otellini said the following:
Steve was very happy. The industry was a buzz that this business unit was on the market and there were a number of competing companies for it. I think they are very happy that Intel won the bid.
The McAfee deal was a no-brainer, Intel’s boss said, as it enabled a more secure platform due in 2011, which he refered to as “a third pillar of computing”:
We will take the combination of hardware based security that Intel already produces and enhance that with software capability from McAfee. That will only get better in PC’s over time. Then what we would like to do is drive that same capability not just into smartphones, but also anything that is going to get smart and get connected; your television, your cars, are all going to have internet connections. You want that same protection. We call this a third pillar of computing. We have energy-efficient performance, we have connectivity, and now we’ve got security.
