As has been widely reported, Intel is planning to spin off its Intel Security business unit formerly and soon again to be known as McAfee. The spin-off will be a private company valued at approximately $4.2B, of which 49% will be held by Intel and 51% by asset management firm TPG. A press release detailing the terms of the deal is here.
Here’s our view on a few ways the spin-off might impact the market for IoT and embedded security:
In summary, we believe the effect of the McAfee spin-off will be a slight net positive for IoT security. View the 2017 IoT & Embedded Technology Research Outline to learn more.