Israeli Cyber Firm?»Verint« To Be Acquired for $6.3 Billion
Translated & summarized from TheMarker by baba
Cybersecurity firm »Verint« is being acquired by ProspectPoint, owned by Thoma Bravo, for approximately $6.3 billion. The deal, expected to close in the first half of 2027, will see »Verint« delisted from Nasdaq. The acquisition price offers a 52% premium on the company's share value before sale rumors emerged in June.
The story in 5 lines · by baba
- »Verint« is being acquired by ProspectPoint for $6.3 billion.
- The deal is expected to close in the first half of 2027.
- »Verint« will be delisted from Nasdaq after the acquisition.
- The acquisition price is $49.75 per share, a 52% premium.
- »Verint« employs approximately 2,800 people, with 1,000 in Israel.
Cybersecurity firm,»Verint«, an Israeli public company, is set to be acquired by Thoma Bravo-owned ProspectPoint in a cash deal valued at approximately $6.3 billion. The acquisition, which is expected to close in the first half of 2027, will result in »Verint« being delisted from the Nasdaq stock exchange.
»Verint«, which specializes in data security and employs around 2,800 people globally, with about 1,000 based in Israel, will be sold for $49.75 per share. This price represents a 52% premium over its stock value prior to initial sale rumors in June. The transaction is contingent upon approval from shareholders and regulatory bodies.
