Intel to win approval for McAfee

Intel is set to win EU approval next week for its $7.68bn (£4.8bn) buy of security specialist McAfee after offering more concessions to ease competition concerns, two sources said yesterday. The world’s largest chipmaker Intel has already secured clearance from the US Federal Trade Commission to acquire McAfee, the world’s second largest maker of security software. Intel had offered some concessions to the European Commission and in recent days proposed more remedies after complaints by McAfee's rivals.