AdvertisementAdvertisementBusiness03 Sep 2026 03:33AM (Updated: 03 Sep 2026 03:55AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Sept 2 : Thoma Bravo-owned Proofpoint is in discussions to acquire cybersecurity firm Varonis Systems, a source familiar with the matter told Reuters on Wednesday.Shares of Varonis, which has a market value of about $5 billion, jumped over 10 per cent.Thoma Bravo declined a request for comment, while Proofpoint and Varonis did not immediately respond.Miami-based Varonis offers cybersecurity services, including data classification and behavior-tracking, employing over 2,400 people across 14 global offices.Private equity firm Thoma Bravo in 2021 agreed to acquire Proofpoint and take it private, valuing the firm at about $12.3 billion.Deals in the cybersecurity space have slowed of late, as the industry is among those perceived as vulnerable to a shakeout by rapid advances in AI.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST