World’s largest professional network service provider Linkedin has agreed to acquire ChoiceVendor, a startup that provides real-world ratings and reviews of business-to-business service providers in more than 70 categories across the United States. Linkedin is looking committed to enhance their service furthermore in order to counter business threats from Facebook & Twitter.
Intel Corporation, world's largest semiconductor chip maker, agreed to acquire McAfee, a computer security and antivirus software company. Intel has agreed to pay out $7.68 billion ($48 per share in cash) to McAfee towards this deal which has been announced today. The boards of directors of both companies have approved the deal, which is expected to close following shareholder approval and regulatory clearances.