Thoma Bravo to buy SailPoint for US$6.1bil in cybersecurity push


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.

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