NEW YORK: Private equity firm Thoma Bravo will acquire SailPoint Technologies for US$6.12bil (RM25.9bil), the cybersecurity firm said on Monday, in the latest deal that underscores the heightened interest in the security software market.
In buying Austin, Texas-based SailPoint, Thoma Bravo will bolster its strength in the security-focused space, where it already has key investments in firms including Proofpoint Inc, Barracuda Networks and Sophos.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
