Exclusive-Buyout firms vie for cybersecurity firm Trend Micro, sources say


FILE PHOTO: A Trend Micro booth is seen at CYBERSEC 2022 in Taipei, Taiwan, September 20, 2022. REUTERS/Ann Wang/File Photo

NEW YORK (Reuters) - Bain Capital, Advent International and EQT AB are among the private equity firms competing to acquire Japanese cybersecurity firm Trend Micro, which has a market value of 1.32 trillion yen ($8.54 billion), according to people familiar with the matter.

The buyout firms have expressed interest in taking Trend Micro private in recent weeks, the sources said, requesting anonymity as the deliberations are confidential. KKR is also an interested party, two of the sources said, adding that a deal is not guaranteed and Trend Micro could choose to remain independent.

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