McAfee has cut roughly 200 employees or 4 percent of its workforce as the cybersecurity company struggles to compete in a market that’s now appears saturated with startups and next-generation rivals — just as overall industry growth may be slowing.
Roll all those anecdotes together, and the market appears saturated with startups just as seemingly endless growth opportunities could be cooling off.
Thoma Bravo: Buying McAfee and/or Symantec?
Amid all those variables, potential suitors could be looking to make some buys. An example: Private equity firm Thoma Bravo has been rumored to be looking to acquire McAfee and perhaps even Symantec. The PE firm already owns dozens of cybersecurity vendors.