Company news
Proofpoint acquires Varonis
Acquired by Thoma Bravo
Published 16 October 2026
WHAT HAPPENED
Proofpoint acquired Varonis in an all-cash transaction valued at approximately $6.3 billion. Varonis shareholders will receive $49.75 per share, representing a 52% premium to the stock's June closing price before sale rumors emerged.
WHO IS INVOLVED
Proofpoint, a cybersecurity firm owned by private equity firm Thoma Bravo, is acquiring Varonis, an Israeli-founded data security company founded in 2004 with approximately 2,800 employees worldwide. Ontario Teachers' Pension Plan has agreed to invest in Proofpoint in connection with the transaction.
WHY IT MATTERS
The combined company will serve more than 16,000 enterprises and create one of the world's leading pure-play cybersecurity companies focused on data and AI security. The acquisition allows Proofpoint to expand its capabilities in protecting enterprise data and AI agents as organizations increasingly embed AI across their operations.
- Type
- Acquisition
- Category
- Email & Messaging Security
- Source
- calcalistech.com ↗
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