Symantec is reportedly in talks to sell its Veritas data storage business to private equity firm Carlyle Group, Reuters said on Tuesday. Bloomberg News also reported earlier that Symantec was nearing a deal to sell Veritas to Carlyle for between $7 billion and $8 billion, citing people with knowledge of the matter.

Symantec did not immediately respond to a request for comment, while Carlyle declined to comment.

Symantec has been seeking buyers for Veritas for several months but interest from potential buyers had been limited because of a tax burden associated with splitting the company.