Tag Archives: Acquisition

Intel has acquired McAfee for $7.6bn. This is the biggest ever acquisition by Intel. McAfee is a security firm and Intel on the other hand is a chip manufacturer. So why this odd couple ? So many questions… Why would Intel after all want McAfee ? Isn’t it way out of its specialty ? But it seems Intel has got ... Read More »

Ken Lewis, the embattled CEO of Bank of America Corp., is leaving the company, succumbing to nearly a year of strife that followed his company’s acquisition of Merrill Lynch & Co. The bank, the nation’s largest by assets, said Wednesday that Lewis, 62, decided on his own to leave and would retire as CEO and also leave the company’s board ... Read More »