Proofpoint (PFPT) to Acquire Cloudmark for $110 Million

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Go back to Proofpoint (PFPT) to Acquire Cloudmark for $110 Million

Proofpoint Enters into Definitive Agreement to Acquire Cloudmark for $110 million in Cash; Strengthens Industry-Leading Investment in Messaging Security and Threat Intelligence

November 7, 2017 7:31 AM EST

SUNNYVALE, Calif., Nov. 07, 2017 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading next-generation cybersecurity company, has entered into a definitive agreement to acquire Cloudmark, Inc., a leader in messaging security and threat intelligence for Internet Service Providers (ISPs) and mobile carriers worldwide.  The transaction is expected to close in the fourth quarter of 2017 and is subject to customary closing conditions, including Hart-Scott-Rodino merger review and any other required... More