McAfee – the antivirus vendor, not the totally sane and level-headed man who founded it – is reportedly looking to raise more than $600m in its upcoming IPO.
The news comes some weeks after McAfee made a placeholder valuation of $100m in its IPO filing, with investment speculators reckoning the final sum might top $2bn.
The business will offer around 31 million shares to the market at $19-$22 apiece, according to the S-1. Just over 6 million shares will come from existing stockholders, who will pocket those dollars.
This deal would value McAfee at $3.64bn if shares sold for the full $22.
The filing stat ..
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