Intel has completed its acquisition of security vendor McAfee, which was announced last August. While McAfee will continue as a distinct brand, the combined companies intend to bring an entirely new approach to tackling security, especially with regard to connected devices.

All that's being said at this stage is that the approach will combine software, hardware and services.

As a wholly-owned subsidiary of Intel, McAfee reports into Intel's Software and Services Group. The group is managed by Renée James, Intel senior vice president, and general manager.

"In the past, energy-efficient performance and Internet connectivity have defined computing requirements," said Renée James, senior vice president, and general manager at Intel.

"Intel has added security as a third pillar of what people demand from their experiences with personal computers and other connected devices. Security challenges put the future potential of computing at risk. The acquisition of McAfee adds not only world-leading security products and technologies to Intel's computing portfolio, but also brings incredibly talented people focused on delivering products and services that help make connecting to the mobile Internet safer and more secure."

McAfee president Dave DeWalt, will report to James.