Network Associates Up For Sale, Sources Say

By eweek  |  Posted 2004-06-22 Print this article Print

McAfee destined to become a Microsoft icon?

A story from CRN reports that the Network Associates Technology Inc. could be for sale--with Microsoft rumored to be the buyer. Wall Street sources and channel partners said 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.

Network Associates executives declined to comment and would neither confirm nor deny that the company is for sale or planning layoffs.

Read the full story at CRN


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