Intel is likely to sell off its enterprise security software division in the next few years.
According to CBR, a source said that Intel is separating the security software components from its primarily business of making chips, and will one day create a separate unit and “put it to one side”.
“Intel made the tragic mistake of believing they could suddenly integrate security into their chips,” they said. “They’re a good company and very well managed, but I think they’ve realised the mistake they’ve made.”
On the subject of the enterprise security software department, he added: “They either will kill it or sell it. They could find someone to buy it, but if not they will gracefully let that thing go.”
A spokesman from Intel told CBR that the information was not accurate, and that Intel Security “is about combining the strengths of McAfee and Intel to infuse security into technology wherever technology delivers value.”
VIEW FULL STORY