Intel offers concessions to win EU approval of McAfee buy

European authorities extend the deadline for a decision

Intel has made certain commitments to the European Union in an effort to push ahead with its proposed acquisition of McAfee.

Last August the two tech giants signed a binding plan of merger that would see the world's largest chip maker pay approximately US$7.7 billion for the security company. However the European Commission was concerned that Intel's plan to give McAfee access to its chip architecture would breach the E.U.'s strict competition rules and launched an investigation.

The Commission has sent questionnaires to various security companies that compete with McAfee, asking for their opinions amid fears that Intel could build security functions into its chips that would only work with McAfee products. On Thursday, however, Intel proposed remedies to the Commission in an effort to avoid a longer four-month probe.

Neither party has revealed details of the commitments made, but the Commission has extended its decision deadline to Jan. 26. The deal has already been approved in the U.S.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags governmentregulationbusiness issuesintelmcafeeMergers / acquisitions

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jennifer Baker

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?