The only thing that doesn't make sense to me is that AMD acquired ATI a couple years back...that kind of makes sense as they're both in business in computer hardware.
Actually, it made a lot of sense at the time. CPU's were getting smaller, transistor budgets bigger, but it's not as if you can simply slap on a bunch of cache and call it good. Diminishing returns kicks in and you're left with a bunch of wasted silicon.
Both Intel and AMD were looking at multi-core starting around 2000. Everyone was looking at SoC from the late 90's. AMD purchasing ATI was simply acknowledging the fact they have absolutely no experience with graphics. The chipset expertise was an added bonus, helping AMD improve that sector.
Intel didn't buy NVidia because they simply didn't have to. Their chipsets were essentially the gold standard and they had enough graphics expertise. There's no point (and no way) you're adding a high end gaming GPU to the CPU package any time soon, but integrated-level is more than enough.
Intel being a hardware company and MFE being a software company, doesn't make as much sense.
From a profitability standpoint, Intel must really be thinking about business/enterprise users as I think MFE makes most of its revenue from that line of business, as opposed to its consumer line.
Wonder if anybody is looking at buying Symantec. Their market cap is only ~$3B more than MFE but their revenues are ~4x MFE's.
Intel's been transforming itself into a "platform solutions" company for the past few years. It's essentially acknowledgment that they don't think the CPU will be profitable for long. Intel's strength has always been fab tech, but that's going down the tubes pretty fast.
I don't see the acquisition as far-fetched. Computer security is a growing problem even now. I don't doubt Intel will consider adding CPU features that accelerate AV. After all, they've been adding app-specific instructions to x86 all the way back to MMX. The current and possibly all currently developing McAfee software will probably remain as they are, but I have no doubt future versions will run noticeably slower on AMD hardware.
And it ties in splendidly with the whole multi-core vision of the future. What better front line defense than scanning every bit of data from every source as it enters your system?
Acquiring McAfee rather than Symantec may be a concession to anti-monoply laws. Less grounds for an investigation.