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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.
The local cybersecurity company is buying Utah-based Venafi to expand the kinds of protection it can offer against hackers and online crooks.
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 […]
CyberArk Software Ltd. (NASDAQ:CYBR – Get Free Report) saw strong trading volume on Monday . 778,030 shares changed hands during mid-day trading, an increase of 36% from the previous session’s volume of 573,844 shares.The stock last traded at $247.12 and had previously closed at $246.33. Analyst Ratings Changes Several equities research analysts have issued reports […]
CyberArk acquires cybersecurity provider Venafi for $1.54B - SiliconANGLE