Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash
TechCrunch
APRIL 26, 2021
More M&A activity is underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint , the SaaS security vendor, for $12.3 It also however reported a GAAP net loss of $45.3 That’s narrowed from a net loss of $66.8 billion in cash.
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