Intel may be mulling sale of McAfee, other options for cyber security business–FT

Intel Corp. may be considering a sale of its antivirus software maker formerly known as McAfee, according to a report in the Financial Times over the weekend, which cited people close to the discussions. Intel had completed the $7.7 acquisition of McAfee in February 2011. The potential sale may be included in the options Intel is considering for its cyber security unit Intel Security, according to the FT report. Intel did not immediately respond to a request from MarketWatch for comment. Intel’s stock, which slumped 2.2% in morning trade, has dropped 11% year to date, while VanEck Vectors Semiconductor ETF has gained 0.2% and the Dow Jones Industrial Average has lost 1.8%.

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