trending Market Intelligence /marketintelligence/en/news-insights/trending/hzeiaiyHyogj6UXKJUOU1g2 content esgSubNav
In This List

Report: McAfee taps underwriters for potential IPO

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Report: McAfee taps underwriters for potential IPO

McAfee LLC has tapped underwriters in preparation for an IPO that could take place in the autumn, Bloomberg News reported, citing sources familiar with the matter.

The U.S. cybersecurity software company is reportedly working with Morgan Stanley, Bank of America Corp. and a full banking syndicate for the potential listing, which could value McAfee at at least $8 billion. A final decision is yet to be made.

McAfee is 51% owned by private equity firm TPG Capital Management LP, with Thoma Bravo LLC and Intel Corp. as minority investors.