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Capital Markets: Intel acquires McAfee; EU approves Ericsson; and more

Intel Corporation announced the acquisition of McAfee, Inc. is complete. McAfee will continue developing and selling security products and services under its own brand. As a wholly-owned subsidiary of Intel, McAfee reports into Intel’s Software and Services Group. The acquisition is said to be worth $7.68 billion in cash.

Telefonica announced a net profit up 30.8% in 2010, to 10,167 million euros. Also, at its general shareholders’ meeting, Telef

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