What happened to my Proofpoint stock?
The acquisition was previously announced on April 26, 2021, and Proofpoint’s stockholders approved the transaction at the Special Meeting of Shareholders held on July 23, 2021. Proofpoint common stock has ceased trading and is no longer listed on the Nasdaq stock exchange.
Who is proofpoint owned by?
Thoma Bravo
All. SUNNYVALE, Calif. and SAN FRANCISCO—Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (“Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravo’s acquisition of Proofpoint for approximately $12.3 billion in cash.
What does Proofpoint Inc do?
Proofpoint, Inc. is an American enterprise security company based in Sunnyvale, California that provides software as a service and products for inbound email security, outbound data loss prevention, social media, mobile devices, digital risk, email encryption, electronic discovery (“eDiscovery”), and email archiving.
Why did proofpoint go private?
Email security heavyweight Proofpoint has announced its acquisition, for $12.3bn, by Thoma Bravo, the private equity firm that is among the most active in the cybersecurity market….Proofpoint makes long-term losses on a growing top line.
| $m | Year-on-year growth | |
|---|---|---|
| 2020 | 1,050 | 18% |
Is proofpoint a good stock?
Proofpoint, Inc. So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider PFPT. Not only does it have double-digit earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for PFPT as well.
Who bought Pfpt?
(NASDAQ: PFPT) (the “Company”), a leading cybersecurity and compliance company, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values …
Is mimecast better than Proofpoint?
Mimecast and Proofpoint are both more effective than Office 365 alone in blocking spam, viruses and malicious content. Proofpoint has claimed that it performs better than Mimecast in their own internal email testing, catching 1,152 phishing and spoof emails that Mimecast categorized as clean.
Is Proofpoint a good company?
Proofpoint is a good company to work for and has solid management team. The management team demonstrates extraordinary care for its teams and employees. The compensation is fair and you are rewarded for the hard work you put in.
Is mimecast better than proofpoint?
Is proofpoint malware?
Proofpoint provides a comprehensive malware protection suite with a subset of these malware attack techniques included below: Code obfuscation – use of encoding to hide code syntax.
Who owns Thomas Bravo?
Orlando Bravo
Orlando Bravo is a Founder and Managing Partner of Thoma Bravo. He led Thoma Bravo’s early entry into software buyouts and built the firm into one of the top private equity firms in the world.
How much is Orlando Bravo worth?
6.3 billion USD (2021)
Orlando Bravo/Net worth