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Ongoing Story· Day 2

Israeli Cyber Firm Verint Acquired for $6.3 Billion

4 developments

0404Economy

Proofpoint to Acquire Israeli Cyber Firm Varonis for $6.3 Billion

Translated & summarized from 0404 by baba

RightNeutral tone

Hebrew · 15 newsrooms covering

American firm Proofpoint is acquiring Israeli cybersecurity company Varonis Systems for approximately $6.3 billion in an all-cash deal. The acquisition aims to bolster Proofpoint's technological capabilities in enterprise data protection. Varonis shareholders will receive $49.75 per share, and the deal is expected to close in the first half of 2027.

The story in 6 lines · by baba

  • Proofpoint is acquiring Israeli cybersecurity firm Varonis Systems for $6.3 billion.
  • The all-cash deal values Varonis at approximately $5.71 billion in equity.
  • Varonis shareholders will receive $49.75 per share in cash.
  • The acquisition is expected to close in the first half of 2027.
  • Varonis specializes in protecting sensitive enterprise data and monitoring access.
  • The deal highlights international investor interest in Israeli cyber companies.
Proofpoint to Acquire Israeli Cyber Firm Varonis for $6.3 Billion
Editorial illustration generated by baba News, not a photograph of the event.

American cybersecurity giant Proofpoint, controlled by investment firm Thoma Bravo, is set to acquire Israeli data security company Varonis Systems in a deal valued at approximately $6.3 billion. The all-cash transaction underscores the growing demand for advanced enterprise data protection technologies.

Under the terms of the agreement, Varonis shareholders will receive $49.75 in cash for each share they hold. This purchase price reflects an equity valuation of about $5.71 billion, with the total deal value reaching an estimated $6.3 billion. The announcement was met with a positive market reaction, as Varonis' stock saw a roughly 2.7% increase in after-hours trading on Wall Street.

Varonis specializes in developing solutions for protecting sensitive enterprise data, monitoring access permissions, and identifying security risks. Its acquisition is expected to enhance Proofpoint's technological capabilities and strengthen its position in the cybersecurity market, particularly as organizations globally face escalating digital threats.

The merger is anticipated to be completed in the first half of 2027, pending regulatory approvals and the fulfillment of other closing conditions. This transaction represents one of the most significant deals involving an Israeli-rooted cyber company and highlights international investors' keen interest in firms developing data and digital infrastructure protection solutions.

0404Right · Jerusalem

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