Information Technology Services M&A » By The Online Investor Staff, updated Thu., Mar. 28, 6:14 AM
Recent mergers and acquisitions in the Information Technology Services M&A category.
Slide #89. Proofpoint — Abaca Technology Corporation
Acquirer: |
Proofpoint (PFPT) |
Acquiree: |
Abaca Technology Corporation |
Details: |
Proofpoint, Inc. (NASDAQ: PFPT), a leading security-as-a-service provider, today announced that it has acquired Abaca Technology Corporation through a reverse triangular merger with a wholly-owned subsidiary of Proofpoint. Abaca is a Silicon Valley company known for its engineering strength, technical talent, and email filtering & protection algorithms. |
Proofpoint is a security-as-a-service provider that enables organizations worldwide to defend, protect, archive and govern their data. Co.'s security-and compliance platform is comprised of an integrated suite of threat protection, information protection, and brand protection solutions, including email protection, threat protection, email authentication, data loss prevention, SaaS application protection, response orchestration and automation, digital risk, web browser isolation, email encryption, archiving, eDiscovery, supervision, secure communication, phishing simulation and security awareness computer-based training.
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March 28, 2024 6:14 AM Eastern
Hold (2.36 out of 4)
100th percentile
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