Barracuda Acquired by Thoma Bravo in $1.6 Billion Deal
News|29 November 2017
Barracuda Networks, Inc., a company renowned for being a leading provider of on-premise and cloud security and data protection solutions, have announced that they have accepted an agreement to be acquired by Thoma Bravo, LLC – a leading private equity investment firm.
Following this $1.6 billion all-cash transaction, it has been said that Barracuda will “operate as a privately-held company with a continued focus on email security and management, network and application security, and data protection solutions that can be deployed in cloud and hybrid environments.”
The transaction is expected to close before February 28th 2018, and is subject to approval by Barracuda’s shareholders and regulator authorities.
To read more about what the agreement means for shareholders and find out more about Thoma Bravo, you can read the full press release here.
Contact Grey Matter
If you have any questions or want some extra information, complete the form below and one of the team will be in touch ASAP. If you have a specific use case, please let us know and we'll help you find the right solution faster.
By submitting this form you are agreeing to our Privacy Policy and Website Terms of Use.
Related News
Copilot in 30 – prove the value of Copilot in your business
Looking for a practical way to evaluate AI in your business? Copilot in 30 is now available, offering a guided Microsoft 365 Copilot trial that helps SMBs identify real use cases, measure business impact and build confidence in broader AI adoption. Designed for SMBs with less than 300 users,...
What is location data? A guide to location-aware decision making
Location data helps organisations understand where events occur, uncover patterns, improve decisions, and build smarter location-aware applications.
What is location intelligence?
Location intelligence helps organisations turn location data into better decisions. Learn how mapping platforms, geospatial data, APIs, routing and analytics work together to improve operations, applications and strategic planning.
From maps to meaning: unlocking location intelligence with Microsoft
In this bonus episode of Grey Matter Talks Tech, host Gill Drummond, our Bing Maps Partner Manager, sits down with Johannes Kebeck, Group Program Manager at Microsoft. They explore how location intelligence with Microsoft is evolving and why it’s becoming...