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Intel Sheds McAfee

September 14, 2016 by  
Filed under Security

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Intel has sold the Intel Security business for $3.5bn less than it paid for it six years ago.

Intel Security, previously and better known as McAfee, has been sold to private equity firm TPG for $4.2bn, despite Intel paying $7.7bn for it in 2010.

The chip firm will receive $3.1bn in cash as part of the transaction and retain a 49 per cent minority stake. TPG will take control with a 51 per cent stake, and will invest $1.1bn in the company.

Intel Security is based on the McAfee business and was renamed two years ago. The company will revert to the better known McAfee brand, despite John McAfee reportedly suing Intel over the use of his name.

The transaction is expected to close in the second quarter of 2017, and Chris Young, general manager of Intel Security Group, will become CEO of McAfee.

Young described TPG in an open letter to stakeholders as a “seasoned technology investor” that was “attracted to our current momentum and long-term potential”.

He claimed that McAfee currently protects “more than a quarter of a billion endpoints” and more than 200 million consumers, and is present in two thirds of the world’s 2,000 largest companies.

Intel CEO Brian Krzanich claimed that, despite the sale, security “remains important in everything we do at Intel”.

“We will continue to integrate industry-leading security and privacy capabilities in our products from the cloud to billions of smart, connected computing devices,” he added.

Bryan Taylor, a partner at TPG, said that the company had “long identified the cyber security sector, which has experienced strong growth due to the increasing volume and severity of cyber attacks, as one of the most important areas in technology”.

Intel’s acquisition of McAfee Security in 2010 was intended to enable the company to beef up security around PCs and sell McAfee antivirus and other security software around its core business.

However, the combination never worked as the money to be made in the security business became increasingly focused on the data center and cloud computing.

Courtesy-TheInq

MIT Researchers Triple Wireless Speeds

August 29, 2016 by  
Filed under Around The Net

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MIT researchers have uncovered a way to transfer wireless data using a smartphone at a speed about three times faster and twice as far as existing technology.

The researchers developed a technique to coordinate multiple wireless transmitters by synchronizing their wave phases, according to a statement from MIT on Tuesday. Multiple independent transmitters will be able to send data over the same wireless channel to multiple independent receivers without interfering with each other.

Since wireless spectrum is scarce, and network congestion is only expected to grow, the technology could have important implications.

The researchers called the approach MegaMIMO 2.0 (Multiple Input, Multiple Output) .

For their experiments, the researchers set up four laptops in a conference room setting, allowing signals to roam over 802.11 a/g/n Wi-Fi. The speed and distance improvement is expected to also apply to cellular networks. A video describes the technology as well as a technical paper (registration required), which was presented this week to the Association for Computing Machinery’s Special Interest Group on Data Communications (SIGCOMM 16).

The researchers, from MIT’s Computer Science and Artificial Intelligence Lab, are: Ezzeldin Hamed, Hariharan Rahul, Mohammed Abdelghany and Dina Katabi.

Courtesy-http://www.thegurureview.net/mobile-category/mit-researchers-develop-technique-to-triple-wireless-speeds.html

Courtesy-http://www.thegurureview.net/mobile-category/mit-researchers-develop-technique-to-triple-wireless-speeds.html

Is Intel Going To Dump McAfee

July 8, 2016 by  
Filed under Computing

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Intel has run out of ideas about what it is going to do with it its security business and is apparently planning to flog it off.

Five years ago Intel bought McAfee for $7.7bn acquisition. Two years ago it re-branded it as Intel Security. There was talk about chip based security and how important this would be as the world moved to the Internet of Things.

Now the company has discussed the future of Intel Security with bankers, including potentially the outfit. The semiconductor company has been shifting its focus to higher-growth areas, such as chips for data center machines and Internet-connected devices, as the personal-computer market has declined.

The security sector has seen a lot of interest from private equity buyers. Symantec said earlier this month it was acquiring Web security provider Blue Coat for $4.65 billion in cash, in a deal that will see Silver Lake, an investor in Symantec, enhancing its investment in the merged company, and Bain Capital, majority shareholder in Blue Coat, reinvesting $750 million in the business through convertible notes.

However Intel’s move into the Internet of Things does make it difficult for it to exit the security business completely. In fact some analysts think it will only sell of part of the business and keep some key bits for itself.

Courtesy-Fud

McAfee’s Biometric Software Coming Soon

December 9, 2014 by  
Filed under Computing

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A McAfee security product that will use biometric technology to authenticate users will be available for download by the end of the year, said Kirk Skaugen, senior vice president and general manager of the PC Client Group at Intel, last week.

“Your biometrics basically eliminate the need for you to enter passwords for Windows log in and eventually all your websites ever again,” Skaugen said.

Further product details were not immediately available. But one of the major inconveniences in using PCs and tablets is remembering passwords, which biometrics can tame.

An average user has about 18 passwords and biometric authentication will make PCs easier to use, Skaugen said.

Biometric authentication isn’t new. It’s being used in Apple Pay, where fingerprint authentication helps authorize credit card payments through the iPhone or iPad. Intel has been working on multiple forms of biometric authentication through fingerprint, gesture, face and voice recognition.

McAfee is owned by Intel, and the chip maker is building smartphone, tablet and PC technology that takes advantage of the security software. Intel has also worked on biometric technology for wearable devices like SMS Audio’s BioSport In-Ear Headphones, which can measure a person’s heart rate.

Intel also wants to make PCs and tablets easier to use through wireless charging, display, docking and data transfers. Such capabilities would eliminate the need to carry power brick and cables for displays and data transfers. Such capabilities will start appearing in laptops next year with sixth-generation Core chips code-named Skylake, which will be released in the second half.

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