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Thoma Bravo-owned Proofpoint in talks to buy cybersecurity firm Varonis, source says

Source: reuters.com

M&A & RestructuringCybersecurity & Data PrivacyPrivate Markets & VentureAntitrust & Competition
Thoma Bravo-owned Proofpoint in talks to buy cybersecurity firm Varonis, source says

Thoma Bravo-owned Proofpoint is reportedly in talks to acquire cybersecurity firm Varonis Systems, according to Reuters. The news suggests a potential strategic consolidation in cybersecurity, though no deal terms or valuation were disclosed. If confirmed, the transaction could drive a mid-single-digit move in the involved stocks ahead of any binding offer.

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