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Rediff News  All News  » Business » McAfee's India R&D to play vital role in Intel's future

McAfee's India R&D to play vital role in Intel's future

August 20, 2010 19:53 IST

India, which houses the largest research and development (R&D) centre of McAfee, is expected to remain at the centre stage, following Intel's plans to acquire the security giant.

McAfee has a huge presence in India, especially in Bengaluru, which houses nearly 1,300 engineers.

Since Intel has decided to manage McAfee as a wholly-owned subsidiary, under its software and services group, the India R&D centre of McAfee will play an important role for Intel, which is trying to morph itself into a computing company from a chip maker, feel experts.

On Thursday, Intel Corp agreed to buy McAfee Inc for $7.68 billion. Reports said that McAfee investors will receive $48 a share in cash. This is Intel's biggest-ever acquisition.

BS Reporters in Bengaluru/ New Delhi