Proofpoint

Proofpoint Inc. is a leading next-generation security and compliance company that provides cloud-based solutions to protect the way people work today. Proofpoint solutions enable organizations to protect their users from advanced attacks delivered via email, social media and mobile apps, protect the information their users create from advanced attacks and compliance risks, and respond quickly when incidents occur. Proofpoint provides email security, encryption, archiving and data loss prevention solutions for over 3,000 enterprise-level accounts including global enterprises, universities and government agencies. Proofpoint, Inc. was founded in 2002 and is based in Sunnyvale, California.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Proofpoint, Inc. (NASDAQ: PFPT) to Thoma Bravo is fair to Proofpoint shareholders. Under the terms of the merger agreement, Proofpoint stockholders will receive $176.00 per share in cash. Halper Sadeh encourages Proofpoint shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.

Proofpoint Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Proofpoint, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – PFPT

Continuing its cybersecurity acquisition spree, private equity firm Thoma Bravo on Monday agreed to buy Proofpoint in an all cash $12.3 billion deal. Proofpoint stock surged on the news.

Proofpoint Stock Soars As Thoma Bravo To Buy Cybersecurity Firm For $12.3 Billion

SAN DIEGO, April 26, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Proofpoint, Inc. (NASDAQ: PFPT) ("Proofpoint, Inc." or the "Company") breached their fiduciary duties in connection with the proposed sale of the Company to Thoma Bravo. On April 26, 2021, Proofpoint, Inc. announced that it had entered into a definitive merger agreement with Thoma Bravo.

(PFPT): Johnson Fistel Investigates Proposed Sale of Proofpoint; Is $176 a Fair Price?

Thoma Bravo has announced plans to acquire cybersecurity company Proofpoint in a deal worth $12.3 billion.

Network security company Proofpoint goes private in $12.3B deal

Private equity investment firm Thoma Bravo Advantage (NYSE: TBA) inked an agreement to acquire cybersecurity and compliance company Proofpoint, Inc (NASDAQ: PFPT) in an all-cash transaction valuing Proofpoint at $12.3 billion. Proofpoint stockholders will receive $176 per share, signifying a 34% premium on Proofpoint's Apr. 23, 2021 closing price.

PFPT Stock Is Trading Higher On $12.3B Acquisition Proposal From Thoma Bravo, Upbeat Q1 Results

Proofpoint, Inc. (NASDAQ: PFPT) announced that it has entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction that values Proofpoint at approximately $12.3 billion The post Thoma Bravo To Buy Proofpoint (PFPT) In $12.3 Billion Deal appeared first on Pulse 2.0.

Thoma Bravo To Buy Proofpoint (PFPT) In $12.3 Billion Deal

Proofpoint Inc. (NASDAQ: PFPT) announced Monday morning that it has agreed to be acquired by private equity firm Thoma Bravo in an all-cash transaction that values Proofpoint at $12.3 billion.

Cybersecurity Firm Proofpoint Sells to Private Equity for $12.3 Billion in Cash

Shares of Proofpoint Inc. rocketed 32.0% in premarket trading, putting them on track to open well above its record closing price, after the cybersecurity and compliance company announced an agreement to be acquired by private equity firm Thoma Bravo in a cash deal that values the company at $12.3 billion. Under terms of the deal, Proofpoint shareholders will receive $176.00 in cash for each Proofpoint shares they own, which is 33.6% above Friday's closing price of $131.78.

Proofpoint stock rockets toward record territory after $12.3 billion buyout deal with Thoma Bravo

Moree M&A activity underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion in cash.

Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash

Company cancels earnings conference call in light of transaction with Thoma Bravo Company cancels earnings conference call in light of transaction with Thoma Bravo

Proofpoint Announces First Quarter 2021 Financial Results

Proofpoint Shareholders to Receive $176.00 Per Share in Cash

Proofpoint Enters Definitive Agreement to be Acquired by Thoma Bravo in $12.3 Billion Transaction

Proofpoint is the best email security software in the market today. Proofpoint growth slowed in 2020 due to the company's 20% exposure to hospitality, retail, and other pandemic-affected industries. We expect Proofpoint business to accelerate driven by a demand recovery in affected industries, share gains from on-prem players such as Symantec and Cisco.

Proofpoint: Why I Like It Here

Proofpoint (PFPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Proofpoint (PFPT) Reports Next Week: Wall Street Expects Earnings Growth

SUNNYVALE, Calif., April 07, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced it will issue a press release reporting financial results for the first quarter ended March 31, 2021, after the close of the market on April 29, 2021.

Proofpoint to Report First Quarter 2021 Financial Results

Expansive functions and interoperability with third-party systems deliver flexibility and scalability to enterprises of all sizes SINGAPORE, March 2, 2021 /PRNewswire/ -- Based on its recent analysis of the email security market, Frost & Sullivan recognizes Proofpoint, Inc. with the 2020...

Proofpoint Commended by Frost & Sullivan for Leading the Australian Market with Pioneering Email Security Innovations

SUNNYVALE, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , (NASDAQ: PFPT), a leading next-generation cybersecurity and compliance company, today announced its Board of Directors has elected Elizabeth ("Betsy") Rafael as a new independent director, effective Thursday, February 25, 2021. Ms. Rafael has also been appointed as the chair of Proofpoint's audit committee.

Proofpoint Elects Elizabeth Rafael to its Board of Directors

Cybersecurity company Proofpoint, Inc. (NASDAQ: PFPT) inked an agreement to acquire data security provider InteliSecure, Inc for $62.5 million in cash to consolidate its cloud-based people-centric security platform. The acquisition is expected to close during the first quarter of 2021.

Proofpoint To Acquire Data Security Provider InteliSecure For $62.5M

Rankings based on security capabilities and capacity including customer presence, innovative features, and digital investment

Juniper Research Names Proofpoint a Leading Vendor in SMS Firewall Providers Positioning Index

Proofpoint reported Q4 revenue and EPS that came in above expectations despite continued challenges with the economic environment. 2021 guidance was mixed with revenue coming in around expectations, but EPS was lower as the expense benefits from 2020 starting to come back into the financial statements in 2021.

Proofpoint: Mixed Guidance But Great Long-Term Play

SUNNYVALE, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ:PFPT), a leading cybersecurity and compliance company, today announced its scheduled participation in several upcoming investor events.

Proofpoint to Present at Upcoming Investor Events

90% of U.S. infosec survey respondents said their workforce shifted to working from home in 2020, yet only 29% trained users on safe remote working habits 90% of U.S. infosec survey respondents said their workforce shifted to working from home in 2020, yet only 29% trained users on safe remote working habits

Proofpoint's State of the Phish Report Reveals Ransomware and Phishing Attack Trends; Underscores Need for Tailored Security Awareness Training, Particularly for Remote Workers

Proofpoint's (PFPT) fourth-quarter 2020 results reflect solid demand for its products and expansion of the international business.

Proofpoint (PFPT) Beats Q4 Earnings & Revenue Estimates

Proofpoint, Inc. (PFPT) CEO Gary Steele on Q4 2020 Results - Earnings Call Transcript

Proofpoint (PFPT) delivered earnings and revenue surprises of 21.43% and 2.26%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Proofpoint (PFPT) Q4 Earnings and Revenues Top Estimates

Shares of Proofpoint (NASDAQ:PFPT) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 1.92% year over year to $0.51, which beat the estimate of $0.42.

News for Proofpoint Stock (PFPT)