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Intel outside

7 September 2016 By Rob Cox

The chipmaker run by Brian Krzanich is selling 51 pct of its McAfee security software business to TPG for $1.1 bln. It’s an embarrassing comedown for a firm Intel acquired for $7.7 bln in 2010. Intel just may find some redemption, however, if the buyout firm can work some magic.

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