Mergers & Acquisitions | SC Media

Mergers & Acquisitions

OpenText picks up Carbonite for $1.42B

OpenText has entered into a definitive agreement to acquire Carbonite for $1.42 billion. The deal has OpenText paying $23 per share in cash for Carbonite. Steve Munford, Interim CEO, President/executive Chairman of the Board of Carbonite, said multiple parties had expressed interest in buying his firm. The enterprise information management software and solutions firm entered…

Sumo Logic acquires Jask

Sumo Logic has acquired JASK Labs to help bolster its cloud security offering. The company confirmed that the deal has closed, but it is not publicly disclosing the financial details in connection with this acquisition. Sumo Logic named former JASK CEO and co-founder Greg Martin vice president and GM the combined company’s security business unit.…

Private equity firm bids $3.9 billion for Sophos

Sophos’ board of directors has recommended to its shareholders that they accept a bid by the private equity firm Thoma Bravo to purchase the cybersecurity firm. Sophos confirmed that Thoma Bravo has bid $7.40 per share for the company totaling about $3.9 billion. Thoma Bravo, which has a history of purchasing software companies, said it…

HP picks up Bromium

Hewlett Packard acquired the endpoint security firm Bromium on September 19. The Palo Alto-based HP had been licensing Bromium’s technology and for use in its Sure Click solution. Bromium will become part of HP’s broader platform to secure endpoint devices. The deal’s financial details were not released nor any information given on how Bromium’s staff…

CyberRisk Alliance acquires Cybersecurity Collaborative establishing its Peer Council Business Platform

New York, NY, August 19, 2019 — CyberRisk Alliance (“CRA”), a business intelligence company serving the cybersecurity and information risk management marketplace, has acquired Cybersecurity Collaborative, a peer council platform for Chief Information Security Officers (CISOs) and other senior-level security executives from Stuart Cohen, the company’s founder and CEO. Stuart will continue to lead the…

Symantec sells off enterprise business for $10.7 billion

Symantec sold off its enterprise security business to chipmaker Broadcom for $10.7 billion, but will retain consumer cyber safety business. The deal, which includes the Symantec brand name, was approved by Symantec’s board of directors and is expected to close before the end of the year, but still must pass standard regulatory approvals. Symantec will…

Jamf acquires Mac endpoint solutions firm Digita Security

The Apple device management company Jamf today announced the acquisition of Digita Security, which specializes in creating enterprise-level endpoint protection solutions for Mac users. The two parties are not releasing the deal’s financial details and Jamf spokesperson told SC Media the deal has already closed. Digita Security, which was co-founded by ex-NSA hacker Patrick Wardle,…

Exterro picks up privacy firm Jordan Lawrence

Information governance software maker Exterro has acquired the data privacy and information management software firm Jordan Lawrence. Bobby Balachandran, CEO at Exterro, said the move was made to help his firm more effectively manage the new and evolving data privacy and security regulations, such as CCPA and GDPR while addressing e-discovery needs under the Federal…

Next post in Company News