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Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp for more than $4.2 billion, CNBC reported on Friday, citing people familiar with the matter.
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 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.
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