Intel to buy security software startup for $20M

Intel has agreed to buy a security software startup for $20 million, boosting its capabilities outside of its core processor business. 

The Santa Clara, Calif., chip giant has reached a deal to acquire Sensory Networks, spokesmen from the two companies confirmed to CNET on Tuesday. Both declined to provide deal terms, but Intel said revenue contributions from the acquisition are not material to the company. The Sydney Morning Herald, which earlier reported the news, said Intel will pay about $20 million for the startup...

Read the full story here... Source: CNET