Proofpoint to acquire Varonis in $6.3bn all-cash deal
Proofpoint, backed by Thoma Bravo, agreed on October 15 to buy Varonis Systems for approximately $6.3bn in cash. Varonis shareholders will receive $49.75 per share, representing a 52% premium to the June 22 closing price before sale speculation. The transaction is targeted for completion in the first half of 2027, pending required approvals, after which Varonis will become private and leave Nasdaq.
