Thoma Bravo buys Sophos for 3,9 billion

Private company Thoma Bravo plans to buy Sophos security company for $ 7,40 per share, for a total of $ 3,9 billion, both companies announced today.

Sophos's board of directors said it plans to report that “recommends unanimouslytakeover bid to their shareholders.

Sophos Thoma Bravo
Sophos security company stand at the CeBIT computer trade show in Hanover, Germany, 16 March 2016. EPA/MAURITZ ANTIN

Prior to today's announcement, Thoma Bravo last year acquired a small stake in and was rumored to be interested in buying the entire company.

It is unclear whether today's acquisition of Sophos will affect McAfee's plans for the market, but the two companies - Sophos and McAfee - are classic competitors in the cybersecurity market and share the same product portfolio. So the door to her agreement McAfee seems to have closed.

Thoma Bravo was founded by 2003 and quickly developed to become an important player in the capital market with more than 230 deals, mainly based on software, IT infrastructure and cybersecurity.

The company has been one of the most active players in the cyber security market.

Before that, Thoma Bravo also acquired the company Barracuda για 1,6 δισεκατομμύρια δολάρια το Νοέμβριο του 2017. Η Veracode μια εταιρεία δοκιμών αγοράστηκε για 950 εκατομμύρια δολάρια τον Ιανουάριο του 2019, η εταιρεία Imperva (προστασία από DDoS) was bought for $2.1 billion also in January 2019 and software company ConnectWise for $1,5 billion in February 2019.

Thoma Bravo also previously owned other cybersecurity companies such as Tripwire, Blue Coat, Sonicwall, Digicert, and Entrust.

For its part, Sophos has also made purchases, such as with Dialogs, the company behind the HitmanPro security software, Avid Secure and, most importantly, Invincea.

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Written by giorgos

George still wonders what he's doing here ...

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