I have been puzzling over this deal for the last day or so. For those who have been at the cottage and not reading the news, Intel is paying a 60% premium for McAfee…yes you read that right McAfee.
Many of the articles on the subject are asking why would Intel want to buy McAfee. Intel is a hardware guy and McAfee sells software. Good question, and I’m sure it has a lot to do with a change in direction for Intel as they see baked in security at the hardware level as the next “big thing” in the mobile market. I’m not sure I buy into the logic, but for arguments sack lets say that this is a genius move. My question is why did they pay a 60% premium on closing price? Typically companies pay a premium to make it too expensive for rivals to trump their initial bid. This keeps a bidding war at bay…smart business move. I’m just not sure anyone else was as interested in buying them as Intel, and the premium was unnecessary. The other issue that has me scratching my head is why buy when you can partner on this stuff? I must be missing something.
I know this blog is supposed to be about healthcare IT, so I would ask the readers if they think buying mobile hardware with Anti-Virus baked in would affect their decision on which hardware to buy?