Intel is said to mull selling its security business
Intel is considering selling its security business as the company tries to focus on delivering chips for cloud computing and connected devices, according to a news report.
The Intel Security business came largely from the company’s acquisition for US$7.7 billion of security software company McAfee. Intel announced plans to bake some of the security technology into its chips to ensure higher security for its customers.
With the surge in cyberthreats, providing protection to the variety of Internet-connected devices, such as PCs, mobile devices, medical gear and cars, requires a fundamentally new approach involving software, hardware and services, the company said in February 2011, when announcing the completion of the McAfee acquisition.