Economy · Full coverage
Varonis Shares Jump on Report of Possible Sale to Private Equity
How 1 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · 2 days ago
What happened
Varonis shares rose 7.1% after Bloomberg reported the Israeli cybersecurity company is considering a sale. Blackstone, Thoma Bravo and Vista Equity Partners have shown initial interest, while the company is also navigating a shift to SaaS and strong first-quarter results.
- 01Varonis jumped 7.1% after a Bloomberg report said it may seek a sale.
- 02Blackstone, Thoma Bravo and Vista Equity Partners reportedly showed early interest.
- 03The company is shifting from on-premises contracts to SaaS subscriptions.
- 04First-quarter revenue rose 26.9% to about $173 million.
- 05Varonis ended the quarter with about $900 million in cash and $453 million in long-term debt.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 1 outlets
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