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Dave DeWalt’s next big challenge: make Intel-McAfee marriage fruitful

August 22, 2010 /

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The 60% share-price premium McAfee CEO Dave DeWalt got Intel to pay to acquire McAfee doubled the share-price premium DeWalt garnered the last time he flipped a mid-sized tech company to a giant corporation.

In 2003, DeWalt, then CEO of Documentum, sold the content management firm to EMC, for $1.9 billion, at a share price that translated into a 29% premium, says Daniel Ives, tech industry analyst at FBR Capital Markets.

"Dave DeWalt has the magic touch, in regards to building an organization that shows growth, and also highlighting its potential," says Ives. "This is the second time he’s done it."

Full Story: http://content.usatoday.com/communities/technologylive/post/2010/08/dave-dewalts-next-challenge-make-intel-mcafee-marriage-fruitful/1

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