Intel is definitively building something. The chipmaker is shopping, and shopping quickly, in the software market with a primary focus on security. At least for now.
Just a couple of weeks ago the company announced the acquisition of the security giant McAfee for $7.68B in cash. Now it acquires the virtualization startup Neocleus.
The news is not official yet, but Neocleus posted the news on its corporate blog a few hours ago, which Intel immediately required to remove, virtualization.info has learned.
Neocleus launched in May 2008, entering the virtualization market with an ambitious plan to leverage a client hypervisor for security purposes. Their product, based on Xen, has been one of the first on the market, along with the Virtual Computer NxTop.
The company, funded by Battery Ventures and Gemini Israel for $16.4M in two rounds, has been under the radar for most of its time.
Neocleus go-to-market strategy changed over the last two years, as their product failed to get any serious traction: in early 2010 the company released a version of its TrustedEdge platform called NeoSphere that could be OEM’ed and extended by PC lifecycle management (PCLM), security and help desk vendors. The first company to adopt it, in March, has been BigFix.