Buyout firms compete to acquire cybersecurity company Trend Micro: Report

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.