New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 20, 2014
08:06 EDTPFPTProofpoint acquires NetCitadel for approximately $24M in cash
Proofpoint announced that it has acquired Silicon Valley-based NetCitadel for approximately $24M in cash. The acquisition extends the reach and capabilities of Proofpoint's existing advanced threat solutions, adding additional threat verification and containment capabilities via an open platform that unifies products from Proofpoint and other vendors. The unification of disparate threat intelligence data combined with automated incident response enables security professionals to respond to threats faster, in a more scalable way, and with higher confidence and accuracy. This allows an enterprise to prioritize their efforts more effectively to prevent data breaches and data loss across their entire organization. Proofpoint currently expects the transaction to have no material impact on revenue, billings, and non-GAAP profitability for Q2.
News For PFPT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 20, 2015
15:40 EDTPFPTMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use