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Intel has opened more cards on its $7.7 billion acquisition of anti-virus vendor McAfee.
The two firms on Tuesday announced a new business line that seeks to address the biggest concern the emerging cloud architecture -- security.
Under the cloud architecture, a company moves most of its storage and compute power to a distant location accesses it on demand through the Internet. While the model offers mouth-watering efficiency gains and cost savings, companies have long been worried whether their competitors or miscreants would hack into their data, either in transit or in storage at the Cloud-provider.
Security, in fact, has been often described as the 'Achilles heel' of the Cloud model and a successful assurance of security would not only be a big market for Intel-McAfee, but also a boost for the Cloud model as well. Intel, which announced the McAfee acquisition a few months ago, had hinted that it eyed the infrastructure market and that McAfee would fit into its plans.
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Date added: 05/10/2011 RTN - Intel targets the cloud market, unveils McAfee cloud suite
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