SecuritySiliconANGLEabout 2 hours ago
Proofpoint Agrees to Buy Varonis for $6.3B
3 min read
Proofpoint Inc. agreed to acquire data security firm Varonis Systems Inc. for approximately $6.3 billion in cash. The deal represents a 52% premium over the stock's pre-reporting price of $49.75 per share. Varonis CEO Yaki Faitelson stated the transaction is an excellent outcome for shareholders and the company.
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