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IT

TPG among possible bidders for Intel security unit McAfee

Monday 5 September 2016 | 16:30 CET | News
Investment firm TPG is among the potential bidders for Intel's computer-security unit McAfee, according to Bloomberg citing people with knowledge of the matter. TPG held preliminary discussions with Intel concerning a deal that may value McAfee at as much as USD 3 billion, said the people. Intel is also talking to other potential bidders, including buyout firms and corporate suitors, sources said. Talks are at an early stage and Intel may choose not to sell the business, the people said. The chipmaker hasn't hired banks to run a formal sale process, they said. Intel is mulling offloading the

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Categories: IT
Companies: Intel / McAfee / TPG
Countries: World
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