financetom
Business
financetom
/
Business
/
BRIEF-Cyberark Signs Definitive Agreement To Acquire Machine Identity Management Leader Venafi From Thoma Bravo
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Cyberark Signs Definitive Agreement To Acquire Machine Identity Management Leader Venafi From Thoma Bravo
May 20, 2024 5:40 AM

Cyberark Software Ltd:

* CYBERARK SIGNS DEFINITIVE AGREEMENT TO ACQUIRE MACHINE

IDENTITY

MANAGEMENT LEADER VENAFI FROM THOMA BRAVO

* CYBERARK SOFTWARE LTD: INTENDS TO ACQUIRE VENAFI FOR AN

ENTERPRISE VALUE OF APPROXIMATELY $1.54 BILLION IN A COMBINATION

OF CASH AND CYBERARK SHARES

* CYBERARK SOFTWARE LTD - DEAL PROVIDES SIGNIFICANT TOP-LINE

GROWTH SYNERGIES AND EXPECTED TO BE IMMEDIATELY ACCRETIVE TO

MARGINS

* CYBERARK SOFTWARE LTD - DEAL TRANSACTION IS EXPECTED TO

CLOSE IN

SECOND HALF OF 2024

Source text for Eikon:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved