(Reuters) - Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp
Talks may still fall apart and a deal announcement isn't expected soon, according to CNBC.
Intel, which paid $7.7 billion for California-based McAfee in 2011, completed the sale of a 51 percent stake https://www.reuters.com/article/us-intel-mcafee-sale/intel-to-spin-out-security-unit-sell-stake-in-business-to-tpg-idUSKCN11D2MY in the company to TPG at a $4.2 billion enterprise value last year.
Thoma Bravo has been seeking to rapidly consolidate the cybersecurity sector.
In October, it announced a $2.1 billion acquisition of Imperva Inc
Last month, Reuters reported that Thoma Bravo had approached Symantec Corp
Intel declined to comment, while Thoma Bravo and TPG did not immediately respond to a request for comment.
(Reporting by Vibhuti Sharma in Bengaluru)