Intel inside McAfee?

One of the more interesting developments in the technology world was last weeks sale of McAfee, the second largest security software company to Intel, the world’s largest maker of integrated circuits. The original guess is that intel wants to imbed security software inside their chips.
Now while this sounds like a logical thing to do, why spend $7 billion to buy McAfee, instead of just signing a deal to make special chips that do this? My original thought is that McAfee, or any security company, wouldn’t want to. See, they don’t make their money selling anti-virus software to customers. The price of most products is around $30-80. No, they make their money off the yearly subscriptions.
Buy McAfee anti-virus or the internet suite. A year later you have to renew your subscription. It’s a never ending cash cow. Kind of like Microsoft doesn’t make money off Windows (every computer comes with it). They make money off of Office. $100-$300 for every copy bought, either by you 7 me, or a company buying huge amounts for all the computers they have. Same with security software. I don’t know how companies & their IT department deal with it, but I’m sure that McAfee & it’s larger competitor Symantic make a ton this way.
I found it interesting to note that McAfee’s sales were around $2B & Symantic had sales of $35B. that’s a biggg difference. That’s because of their dealings with businesses & the computer industry. My new computer came with a trial version of Norton. Symantic figures after a month you will buy a full copy. If anti-virus is imbedded in the chips in the computer, you won’t have to do that. That’s why Intel bought McAfee. The story goes that Symantic will be bought by IBM or some other big company. But why not Intel’s #1 rival AMD? Maybe they realize it’s not that good a deal.