Security outfit McAfee, whose founder offed himself in a police cell this year, is in talks to sell up to a consortium of private equity firms in a deal valued at more than $10 billion, according to various reports.
The consortium of private equity investors is led by Advent International and also includes Permira, CPP Investment Board, Crosspoint Capital, Abu Dhabi Investment Authority and GIC.
It would represent one of the biggest cybersecurity acquisitions of all time and would bring McAfee’s brief spell as a public company to an end after it had an IPO last October.
