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Solve : Intel to buy MacAffee...? |
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Answer» Full Story...Sure would have been nice to have bought MacAffee shares yesterday. After the announcement by Intel the shares went up by 57%. Ah well! truenorth P.S. My comment was based on an earlier TV (Nightly Business Report) story on the same item. So i did not feel it necessary to read the article before posting. However having done so now from Patio's link i see that fact is also mentioned.I'm not sure what to think about the deal, and since Intel stock dropped 4% I'm not alone in feeling that way. Intel just paid $8 billion dollars for a company whose type of software is becomming increassing abailable for free. Reminds me of AOL paying $4 billion dollars for Netscape, which now has very little value since so many browsers are now available for free. And what about the relationship between Intel and Norton now? I don't know what kind of relationship they had before, but I'm sure they used to work together sometimes. Not now.Quote from: rthompson80819 on August 19, 2010, 05:57:06 PM Intel just paid $8 billion dollars for a company whose type of software is becomming increassing abailable for free. Reminds me of AOL paying $4 billion dollars for Netscape, which now has very little value since so many browsers are now available for free. They are hardly similar. AOL bought Netscape in 1998, long before any free browser came even close to Internet Explorer/Netscape. Mozilla had started earlier that year, but it would take a number of YEARS before the project forked into Seamonkey and Firefox, The latter of which being able to acheive acclaim because the browser environment at the time was pretty much just Internet Explorer. Quote And what about the relationship between Intel and Norton now? I don't know what kind of relationship they had before, but I'm sure they used to work together sometimes. Not now. How do you come to that conclusion? Although as I noted the situations are hardly very similar, when AOL bought netscape, they were working with Microsoft, specifically, they were using Internet Explorer as part of their ISP package. After the acquisition- they still used Internet Explorer and they still worked with Microsoft. The reason Intel and Symantec work so closely together is almost certainly because Symantec bought Intels Anti-Virus Business in 1998, it also licensed, and to my knowledge, still licenses a number of Intel's system management technologies, such as Intel LANDesk. Quote As part of the agreement, Symantec will support Intel's 18,000 registered anti-virus customers and Intel will recommend Norton AntiVirus to its corporate customers worldwide as the anti-virus solution of choice. Intel will also market the Norton AntiVirus product line through its extensive reseller channel worldwide. If ANYTHING, Intel could easily intend to simply let the various AV products it acquired rot as AOL did to netscape's browser. According to one author, of the worst 10 internet acquisitions, Netscape made number five. http://seekingalpha.com/article/21041-ten-worst-internet-acquisitions-ever I have nothing against Intel (I've used thousands of their parts), I used MacAffee for several years with no problems. In business in general, when a company strays from their core business, they often get into trouble.Quote from: rthompson80819 on August 19, 2010, 11:32:25 PM In business in general, when a company strays from their core business, they often get into trouble. yeah, the moment Intel strayed away from making memory chips and started making microprocessors they signed their own death warrant.Quote from: BC_Programmer on August 19, 2010, 11:42:00 PM yeah, the moment Intel strayed away from making memory chips and started making microprocessors they signed their own death warrant. That's not STRAYING very far, that's barely even crossing the street.Quote from: rthompson80819 on August 19, 2010, 11:51:51 PM That's not straying very far, that's barely even crossing the street. right. So I GUESS we shouldn't be surprised when we discover mcdonalds has started a chain of high class restaurants? After all, it's not straying very far. They are still working with food. Point is: memory chips and processors are two completely different products. just because they both are used in the computing doesn't somehow make them similar. It's not like they just sent out a memo saying "we are making processors now". They had to layoff several thousand employees because of this FOCUS shift. If the two fields were so similar, why would they need to layoff employees? I also cannot believe the colossal mistake Nintendo made entering the electronic gaming field. They should have stuck with their core business of playing cards. The only reason it can seem that companies get themselves into trouble when they move away from their core business is probably because in most cases the company in question moves away from their core business because that business is in trouble. It occurs the other way around. That is- they are now desperately trying to grab onto some other market only because they had already made the biggest mistake possible, which would be doing nothing- they could, like many other companies, have migrated to other industries or subindustries during the times when their main "core" business was prospering, rather then pretend that that core business could sustain them forever. This is especially true when it comes to computer hardware and software, even a short time of indecision or sitting on their hands can cost a company dearly- "Even if you are on the right track, you will get run over if you just sit there."My understanding of the driving force between the 2 firms combining are that they were (are) twofold . 1. There was already a strong synergy between them evidenced by a very close working arrangement and 2.Apparently MacAffee is beyond the research stage for the development of an anti virus process that is not software based but hardware based on a chip (well something along that line). It looked like a good fit to me.truenorth Mind you they never called me to see what i thought. It's all part of the Cat's plan to control the grain, and that is hardly mews.... I mean, news. |
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