Security News
US private equity investor Thoma Bravo has pulled out of its planned takeover of Darktrace, causing shares in the UK cybersecurity company to plummet. "London-based Darktrace revealed it was in early discussions with Thoma Bravo about a possible takeover last month, but confirmed on Thursday"an agreement could not be reached on the terms of a firm offer.
Identity security has become a focal point in the cybersecurity industry, particularly as attackers become more and more adept at stealing credentials, conducting social engineering attacks, and exploiting poor identity security hygiene within large enterprises. Our main priority for SailPoint is to help them take advantage of the ripe opportunities in the current landscape and execute their goal to become the de facto identity platform for the modern enterprise.
Proofpoint announced that it has entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction that values Proofpoint at approximately $12.3 billion. Under the terms of the agreement, Proofpoint shareholders will receive $176.00 per share in cash, representing a premium of approximately 34 percent over Proofpoint's closing share price on April 23, 2021, the last full trading day prior to the transaction announcement, and a premium of approximately 36 percent over Proofpoint's three-month volume-weighted average closing share price through April 23, 2021.
Enterprise security vendor Proofpoint has agreed to be acquired by private equity firm Thoma Bravo in an all-cash transaction that values Proofpoint at approximately $12.3 billion. As part of the deal, Proofpoint will exit the public markets and become a private company within Thoma Bravo's growing stable of enterprise cybersecurity companies.
Thoma Bravo announced the completion of its strategic growth investment in Venafi. "We are thrilled to partner with Thoma Bravo at a time when companies around the world are realizing that the foundation of security for all digital transformation initiatives is a solid machine identity management program," said Jeff Hudson, CEO of Venafi.
Private equity firm Thoma Bravo on Thursday announced a strategic growth investment in machine identity solutions provider Venafi. Exact terms of the deal have not been disclosed, but SecurityWeek has been told that Thoma Bravo has acquired a majority stake in Venafi.
Private equity investment company Thoma Bravo on Tuesday announced its intention to acquire secure business collaboration solutions provider Exostar, reportedly for roughly $100 million. Exostar provides supply chain collaboration and management, identity access management, risk management, and secure collaboration solutions for highly regulated industries such as healthcare, aerospace and defense, and life sciences.
Sophos Board Will 'Unanimously Recommend' Deal to ShareholdersPrivate-equity firm Thoma Bravo, which already has stakes in several cybersecurity companies, plans to buy U.K.-based security company...
Private equity investment firm Thoma Bravo has made an offer to acquire UK-based cybersecurity firm Sophos for $3.9 billion. The announcement was made on Monday and Sophos said its board of...
Sophos announced that Thoma Bravo, a US-based private equity firm, has made an offer to acquire Sophos for $7.40 USD per share, representing an enterprise value of approximately $3.9 billion. The...