Network Associates denies sale rumors

Tuesday, 22 June 2004, 9:58 PM EST

"We are not in discussions with Microsoft or any other company to buy Network Associates," said Jennifer Keavney, a spokeswoman for the company.

The statement came after a trade magazine published an article quoting unnamed Wall Street sources and partners as saying that the company was on the block and considering a deal with Microsoft.

Network Associates normally stays mum on such speculation, Keavney said, but the level of interest in this rumor required a response.

By Robert Lemos at ZDNet.

[ Read more ]

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