AdvertisementAdvertisementBusiness16 Oct 2026 04:22AM (Updated: 16 Oct 2026 04:32AM) 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 Oct 15 : Thoma Bravo-owned cybersecurity company Proofpoint will buy data security firm Varonis Systems in all-cash deal valued at about $6.3 billion, the companies said on Thursday.Under the agreement, Varonis shareholders will receive $49.75 per share in cash, representing a premium of 52 per cent over Varonis' closing stock price on June 22, the day before initial speculation about a potential sale, according to the companies.Reuters reported in September that Proofpoint was in discussions to acquire Varonis Systems.Miami-based Varonis offers cybersecurity services, including data classification on cloud storage systems and employee behavior tracking. Its shares were up about 2 per cent in extended trading.Thoma Bravo in 2021 agreed to acquire Proofpoint, which sells software that helps companies guard against cyberattacks, valuing the firm at about $12.3 billion in the take-private deal.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