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Mergers & Acquisitions

Dec. 31, 2010

Intel-McAfee Deal Signaled Trends

When Intel Corp. scooped up security software giant McAfee Inc. for $7.7 billion in August, it meant a payday for lawyers at Morrison & Foerster and Wilson Sonsini Goodrich & Rosati. The transaction was the largest in California in 2010.

By Jill Redhage

Daily Journal Staff Writer

When Santa Clara-based Intel Corp. scooped up security software giant McAfee Inc. for $7.7 billion in August, it sent a host of messages to the market: Big deals are back; large technology companies are ready to put their sizable piggy banks to work; and a new competitive landscape is emerging for California businesses as they race to add capability in Web security and mobile computing.

The deal, California...

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