It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Thoma Bravo buys Sophos Thoma Bravo buys Sophos
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Thoma Bravo buys Sophos
Reply
 
Thread Tools
Old 16th October 2019, 15:28   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 111,316
Stefan Mileschin Freshly Registered
Default Thoma Bravo buys Sophos

Private equity firm Thoma Bravo plans today to buy UK-based cyber-security giant Sophos for $3.9 billion.

The sale price represents a 37 percent premium on the Sophos market trading price, traditional Sophos board of directors said they plan to "unanimously recommend" the acquisition offer to their shareholders.

Before today's announcement, Thoma Bravo acquired a minority stake in McAfee last year and was rumoured to be interested in buying the whole company.

It is unclear how today's Sophos acquisition will impact plans to buy McAfee, but the two companies -- Sophos and McAfee -- are classic rivals on the cyber-security market and share a product portfolio, so the door seems to have closed on the McAfee deal.

Thoma Bravo was founded in 2003 and has quickly risen to become a significant player on the capital market with more than 230 deals, mostly based around software, IT infrastructure, and cyber-security.

Thoma Bravo also acquired storage, backup, and security appliance vendor Barracuda Networks for $1.6 billion in November 2017; software testing firm Veracode for $950 million in January 2019; DDoS mitigation firm Imperva for $2.1 billion in January 2019; and software firm ConnectWise for $1.5 billion in February 2019.

https://fudzilla.com/news/49588-thoma-bravo-buys-sophos
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sophos parter firm charged with fraud Stefan Mileschin WebNews 0 29th September 2015 14:42
XFX Type-01 Bravo Review jmke WebNews 0 22nd August 2014 14:46
XFX Type 01 Bravo Case Stefan Mileschin WebNews 0 21st February 2014 09:30
Google slams Sophos security Stefan Mileschin WebNews 0 8th November 2012 07:17
One in Every Five Mac Computers Harbors Malware, Sophos Research Reveals Stefan Mileschin WebNews 0 25th April 2012 07:47
Apple Won't Give Mac Users Free Virus Protection, So Sophos Decides To jmke WebNews 0 4th November 2010 17:31
PowerColor ATI X1600XT Bravo Edition jmke WebNews 0 22nd March 2006 12:10
PowerColor X1300Pro Bravo VIVO Sidney WebNews 0 16th February 2006 05:34
PowerColor Bravo X700 PCI-e Sidney WebNews 0 3rd June 2005 01:20
PowerColor Bravo X700 PCI-e Sidney WebNews 0 2nd June 2005 15:17

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 11:57.


Powered by vBulletin® - Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO