Barracuda Networks hires Morgan Stanley to find potential buyers: BBG

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No buyers have emerged till now and a deal may not happen at all, Bloomberg cautioned.

Barracuda could not be immediately reached for comment.

The company had a market capitalization of $622.4 million as of Monday's close of $11.72. The stock has fallen nearly 70 percent in the last 12 months.

(Reporting by Manish Parashar in Bengaluru; Editing by Savio D'Souza)