Yep. Renee James totally botched Intel Security. No real reason to keep it. Probably should spin it off.
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Honestly, I'm not overly optimistic for the longevity of Intel Security as a whole.
If you read BK's last e-mail -- Intel Security doesn't really fit in with Intel's big picture.
This whole site consolidation deal I believe is to make it easy to sell off Intel Security (or, all of it's products at least).
After Renee James "voluntarily left" -- there was little compelling reason to keep McAfee around. It was a failed experiment.