ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. CNBC also provides daily business updates to 400 million households across China. With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, and CNBC World, CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information 410 million homes worldwide, including more than 90 million households in the United States and Canada. CNBC's Jon Fortt contributed to this report. A spokesman for Thoma Bravo did not immediately respond. Spokespeople for TPG and Intel declined to comment. A deal for McAfee would rule out a Symantec purchase, one of the people said. Reuters reported in November that Thoma Bravo had approached Symantec with a takeover offer. A deal would unify the ownership of McAfee and could put it in position to go public again, two of the people said. Still, Intel has participated in the recent value creation of the standalone McAfee by holding its minority stake and stands in line to recoup some of the lost value if the Thoma Bravo deal goes though. Intel sees itself as purely a financial investor in McAfee now, according to one of the people. In March, McAfee also acquired Tunnelbear, which provides virtual private networks that protect data when using shared WiFi accounts. In January, McAfee closed its takeover of Skyhigh Networks, which helps companies monitor which cloud services employees are using. TPG's majority ownership has helped transform the McAfee business in less than two years with add-on acquisitions.
Several months later, TPG brought on Thoma Bravo to make a minority investment. That vision didn't pan out for Intel, which took a haircut of more than $3 billion when it sold 51 percent of the business to TPG in 2016 for $4.2 billion. The chipmaker hoped to closely align its chips with McAfee's security technology.
The company was publicly traded until 2010, when Intel bought it for $7.6 billion. More recently, it has expanded into mobile devices and cloud computing, which is where hackers have migrated. This type of computer security prevented attacks on personal devices.
#TUNNELBEAR WAS ACQUIRED BY MCAFEE SOFTWARE#
McAfee, founded by John McAfee in 1987, historically developed cybersecurity software for personal computers and servers, protecting users from malware and other viruses. Talks may still fall apart and a deal announcement isn't expected soon, said the people, who asked not to be named because the discussions are private. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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