Grasping at nothing with billions

Intel paid 7.7 billion dollars (US) for McAfee Associates.

WTF is up with Paul Otellini?

Does he really think that having pathetically outdated security technology is going to help keep Intel in control of computing in the ever changing landscape of mobile computing?

Clearly Intel must be in the dark about how modern software is built from the ground up to resist the security issues that plagues the old cobbled together systems of the past (ie Windoze).  Obviously, though, Intel understands that their dominance in the computing arena is likely to fade — but spending this kind of money is just insane.

One thing is clear — Intel is massively over charging for it’s processors if they can afford to dump nearly $8B US into the trash can.

Originally posted 2010-08-27 02:00:20.