McAfee Readies Return to Public Markets

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McAfee Readies Return to Public Markets
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Cybersecurity-software company McAfee is planning a return to the public markets, joining a recent rush of technology IPOs

McAfee and its owners are meeting with bankers this week to discuss plans for a listing that could come as soon as this year, according to people familiar with the matter.

An IPO could raise at least $1 billion and value McAfee at more than $5 billion, one of the people said. There is no guarantee the company will successfully stage an IPO or achieve that valuation.

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