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Private equity firm Thoma Bravo completed its $12.3 billion acquisition of Proofpoint more than one month after the cybersecurity company’s shareholders approved the all-cash transaction. Proofpoint said Tuesday the deal completion signaled its transition from a publicly traded company to a private ownership structure. Gary Steele, Chairman an...
Shareholders at Proofpoint (Nasdaq: PFPT) voted to approve the cybersecurity and compliance company’s $12.3 billion sale to private equity firm Thoma Bravo. Proofpoint said Friday both parties still expect to complete the transaction in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions. Gary Steele, ...
Tony D’Angelo, vice president of federal business at Proofpoint (Nasdaq: PFPT), has said cloud migration and other information technology modernization initiatives provide agencies an opportunity to redirect their cybersecurity focus toward efforts aimed at protecting users from cyber threats. Agencies allocate only 8 percent of their cybersec...
Tony D’Angelo, vice president of federal business at Sunnyvale, California-based enterprise security company Proofpoint (Nasdaq: PFPT), has said government agencies should adopt platforms that work to defend against threat actors that target users’ emails and mobile devices. D’Angelo wrote that email securit...
