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(Bloomberg) -- CyberArk Software Ltd. agreed to buy Venafi, a cybersecurity company backed by private equity firm Thoma Bravo, for $1.54 billion.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthEbrahim Raisi, Iranian President Confronting West, Dies at 63China’s Housing Rescue Too Small to End Crisis, Analysts SayCyberArk, based in Israel and
CyberArk Software Ltd. acquires Venafi from Thoma Bravo for $1.54 billion, adding $150 million in ARR and expanding TAM from $50 billion to $60 billion.
(Bloomberg) -- CyberArk Software Ltd. agreed to buy Venafi, a cybersecurity company backed by private equity firm Thoma Bravo, for $1.54 billion.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyCyberArk, based in Is
CyberArk Software (NASDAQ:CYBR – Get Free Report)‘s stock had its “buy” rating restated by analysts at Needham & Company LLC in a research report issued to clients and investors on Monday, Benzinga reports. They currently have a $310.00 price target on the technology company’s stock. Needham & Company LLC’s price objective suggests a potential upside […]