"It is like a car manufacturer suddenly deciding to get into the skateboard business," McAfee said. "It never made sense to me."
http://www.businessinsider.com/john-mcafee-intel-buying-mcafee-was-terrible-idea-2016-6
11 replies (most recent on top)
I use to use McAfee on my systems. Intel has made the virus protection product so expensive it's cheaper to use other products. Plus, the tech support for McAfee is really bad.
She said in an interview that she's never gotten a promotion that she hasn't asked for.
BTW, she landed her "CEO" job I guess...She has joined Carlyle Group as one of their "operating executives":
https://www.carlyle.com/news-room/news-release-archive/carlyle-group-engages-former-intel-president-ren%C3%A9e-james-operating-ex
Dewalt pulled a fast one on Renee.
She is one of the dimmest people I have ever met at her rank. The fact that she was actually Intel's president at one point is shocking.
By the way, she was also responsible for the diversity hiring BS. Good job Renee. Now you favor mediocrity over true meritocracy.
And James, who has the audacity to think she can handle a CEO position, could not even handle this one project. It was her baby and a total failure.
you can thank RENEE JAMES for the acquisition.. but she's not the only one to thank.. the board that approved it also gets some glory
Even a guy who is one can short of a six-pack knew it didn't make any sense.
This man should be the President of the United States!
It is San Jose State Brillance at work.
Security, $2-10 dollar IoT, drones, reality shows, commodity memory are the saviors.
Don't do what we do best which is make processors be it x86, ARM or other...
What a joker
Per many other threads in this forum, Intel has long tried many things to get beyond the chip. They have done so with the best of intentions, trying to find both complementary and future-oriented related businesses and new ventures (they had the first MP3 player, the first videoconferencing, the first digital camera, the first server farm ideas), but have not had a lot of M&A or new venture or marketization success. There have a lot of crashed-and-burned attempts to go beyond being 'just' a chip manufacturer. People forget they don't actually make anything consumers can buy.
He makes an excellent point:
"I never understood why a chip manufacturer would have purchased a suite of software security products in the first place. The product development and maintenance processes are radically different, as are the marketing and sales processes. And there is virtually no customer overlap."
Even a madman can see the ridiculousness of this deal. My 5 year old could see that this was folly. Yet, somehow, Intel's top leadership thought this was a good use of shareholder capital. Boggles the mind.
Even a crazy man knew!