Network Associates denies Microsoft buyout rumors
C|Net | at | by Mike
Security company Network Associates said Tuesday that there's no truth to rumors that it is considering an offer to be bought by a large company, possibly Microsoft. "We are not in discussions with Microsoft or any other company to buy Network Associates," said Jennifer Keavney, a spokeswoman for the company.
The statement came after a trade magazine published an article quoting unnamed Wall Street sources and partners as saying that the company was on the block and considering a deal with Microsoft.