Proofpoint to Buy Israeli Cybersecurity Firm Varonis for $6.3 Billion
Summarized from Haaretz English by baba
Cybersecurity company Proofpoint has agreed to acquire Israeli data security firm Varonis for about $6.3 billion in an all-cash deal. Varonis shareholders will receive $49.75 per share, a significant premium over recent stock prices. The acquisition is expected to enhance Proofpoint's data security capabilities.
The story in 4 lines · by baba
- Proofpoint will acquire Israeli data security firm Varonis for $6.3 billion.
- The deal is an all-cash transaction.
- Varonis shareholders will receive $49.75 per share.
- The offer includes a 52 percent premium over pre-rumor stock prices.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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