Thoma Bravo buys cybersecurity vendor Proofpoin for $12.3B in cash

-

Moree M&A activity underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion in cash. Proofpoint is traded publicly on the Nasdaq exchange and as of its closing price on Friday, it had a market cap of $7.5 billion. […]

Posted from: this blog via Microsoft Flow.

Comments

Post a Comment

Popular posts from this blog

Deadly Drone Strikes in Ukraine, Israeli Soldier Injured in Gaza, Somalia Holds Historic Election – 12/25/2025, 4:24:22 PM

-
Image
Here is a concise snapshot of major world news based on the latest available reports: Ukraine–Russia war Ukraine reports deadly Russian drone strikes on Christmas morning, saying Russia launched 131 drones overnight; several got through despite air defenses.[1] Earlier in the week, Ukraine said Russia carried out “massive” strikes with about 635 drones and 38... Posted from: this blog via Microsoft Flow .
Read more