Intel, TPG in early talks to sell McAfee to Thoma Bravo: source

(Reuters) - Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday. Talks are at an early stage and there is no guarantee they will lead to a deal, the source said. The talks were reported earlier by CNBC. Intel and TPG declined to comment, while Thoma Bravo did not immediately respond to a request for comment. Intel, which paid $7.7 billion for California-based McAfee in 2011, completed the sale of a 51 percent stake in the company to TPG at a $4.2 billion enterprise value last year. Thoma Bravo has been seeking to rapidly consolidate the cyber security sector. In October, it announced a $2.1 billion acquisition of Imperva Inc and last month announced the acquisition of another cyber security firm called Veracode from Broadcom Inc for $950 million. Last month, Reuters reported that Thoma Bravo had approached Symantec Corp with a takeover offer. (Reporting by Joshua Franklin in New York and Vibhuti Sharma in Bengaluru; editing by Grant McCool)