Security News > 2017 > November > Thoma Bravo Acquires Barracuda Networks for $1.6 Billion
2017-11-27 17:37
Private equity investment firm Thoma Bravo has entered an agreement to acquire security company Barracuda Networks for $1.6 billion in cash. Barracuda shareholders will receive $27.55 for each share of common stock they hold, which exceeds the average stock price of $22.49 for the ten days leading up to November 27 by more than 22 percent. read more