Intel Could Sell Cyber-Security Unit
Intel is considering selling the cyber-security business it purchased almost six years ago for $7.7 billion, the Financial Times reported on Sunday.
The company has discussed the future of Intel Security with bankers, including potentially selling the McAfee anti-virus software maker, the paper reported, citing unidentified people close to the discussions.
Intel declined to comment.
Intel has been shifting its focus from the traditional semiconductor business to higher-growth areas, such as chips for data center machines and Internet-connected devices, as the personal-computer market has declined.