Proofpoint's $6.3 Billion Cybersecurity Bet
Thoma Bravo-backed Proofpoint agreed to buy Varonis in a deal valued at about $6.3 billion. The companies say combining email, collaboration, and data security could create a broader cybersecurity platform, just as AI agents and rising customer demand accelerate industry consolidation. Thoma Bravo Managing Partner Seth Boro joined Bloomberg Open Interest to talk about the deal. (Source: Bloomberg)
Sources
Related
- Amazon introduces TorchNeuron, an open-source tool that will allow developers to run code written in PyTorch on Amazon's Trainium chips with no rewrite (Todd Bishop/GeekWire) OCT 19, 2026
- AI infrastructure startup Modal says it plans to start using Nvidia's Vera CPUs for the first time for hosting agents, alongside existing Intel and AMD chips (Stephen Nellis/Reuters) OCT 19, 2026
- Nvidia launches new open models to run agents in the enterprise and on PCs OCT 19, 2026
- The US DHS orders all federal civilian agencies to remove any DeepSeek tech from their IT systems and prohibits future procurement of its products and services (Connor Hart/Wall Street Journal) OCT 19, 2026
- Nasdaq 100 Climbs on AI Trade Revival After Rout OCT 19, 2026