Network Associates up for sale, sources say
Network Associates is for sale, and Microsoft is rumored to be the buyer.
The maker of McAfee antivirus and security products has not made it public, but a "for sale" sign figuratively hangs from Network Associates' front door, according to Wall Street sources and channel partners.
A public announcement concerning either the pending or closed sale of the company to a buyer could come as early as July 1 when Network Associates also plans to announce layoffs associated with the company's for-sale status, these sources said.
By Dan Neel at CRN.
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