Intel Corporation (INTC) To Power Google Inc (GOOGL) Glass, Buys PasswordBox One-Click System


Intel Corporation (NASDAQ:INTC) has struck two major deals which have put the company back in the news. Intel Corporation (NASDAQ:INTC) will power the upcoming versions of Google Inc (NASDAQ:GOOGL) Glass. This is a major development as Intel is looking to make its way swiftly through the wearable sector. Teaming up with Google Inc (NASDAQ:GOOGL) will open a plethora of horizons for the chipmaker in the future. Another deal is about password security endeavors of the company, about which, we reported a few days ago. Today, Intel Corporation (NASDAQ:INTC) has announced that it is buying PasswordBox, a Canadian company which offers a complete suite of tools for password management.

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Discussing these two developments in a program on CNBC, Michael Prospero, technology editor at Tom’s Guide said that Intel Corporation (NASDAQ:INTC) and Google will benefit from the latest patch up in the wearable market. Google Inc (NASDAQ:GOOGL) ditched Texas Instruments Company for Intel Corporation (NASDAQ:INTC) with high hopes. Now, Intel’s chip will power the Google Inc (NASDAQ:GOOGL) Glass or it will be the “brain” of the glass as Intel Corporation (NASDAQ:INTC)  claims. Prospero thinks that Google Glass didn’t get enough popularity and sales as Google Inc (NASDAQ:GOOGL) would have liked.

Prospero said that Intel is no longer a hardware company only. Intel Corporation (NASDAQ:INTC)  has McAfee under its belt already. The latest PasswordBox acquisition will help its users to beef up their security online and create password that are harder to hack into. Intel Corporation (NASDAQ:INTC) has also signed deal with Jim Parsons, a leading role of famous TV series “The Big Bang theory”. Intel Corporation (NASDAQ:INTC)’s deal with Google Inc (NASDAQ:GOOGL) and latest acquisitions will certainly pay off in the coming days.

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