Software company New Relic in talks to be sold - WSJ

New Relic

17/05/2023 21:02

May 17 (Reuters) - Private-equity firms Francisco
Partners and TPG  TPG.O  are working together on a $5
billion-plus bid to acquire software company New Relic  NEWR.N ,
the Wall Street Journal reported on Wednesday, citing people
familiar with the matter. 
    New Relic did not immediately respond to a Reuters request
for comment.

 (Reporting by Manya Saini in Bengaluru; Editing by Shinjini
Ganguli)
 ((Manya.Saini@thomsonreuters.com;))