Jamf (JAMF) is exploring a sale as weakness in the device management software provider’s stock price makes it a prime takeover candidate for other companies, people familiar with the matter told Reuters’ Milana Vinn. Jamf, which is backed by Vista Equity, is working with investment bankers at Citigroup (C) on the sale, said the sources, who added that the company has been fielding offers from would-be suitors in recent months. Vista Equity, which owns 34% of the company’s stock, is expected to exit its position in the company as part of Jamf’s sale, the report noted.
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