Today,after Intel McAfee collaoration.The McAfee’s (MFE) stock surged 58% at the start of trading. Intel stock slipped 3%. The Intel-McAfee announcement came just days after Intel agreed to buy Texas Instruments’ (TI) cable modem product line. The cost of that deal, which is expected to close in the fourth quarter, was not disclosed.
McAfee Chief Executive David DeWalt said “By becoming part of Intel Corp., we believe we can continue to create new and innovative security solutions,”.Also he said “I’m very excited and fully committed to joining the Intel team and continuing to lead McAfee as an independent subsidiary.”

“We have concluded that security has now become the third pillar of computing,” said Intel Chief Executive Paul Otellini in a conference call, describing the first two “pillars” as connectivity and energy efficiency. “The bottom line is that this will better protect Internet users and their devices.“