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Darktrace, the United Kingdom-based cybersecurity powerhouse -- with a top-shelf client list that includes the city of Las Vegas and Airbus -- had refused earlier an Thoma Bravo bid.
Darktrace has agreed a $5.32 billion (£4.25 billion) acquisition by private equity firm Thoma Bravo. The cash acquisition equates to around $7.75 (£6.20) per share, and a 44% premium on the company’s average stock price over the past three months. It listed on the London Stock Exchange at £2.50 per share in 2021.
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence".
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence". "Darktrace is at the very cutting edge of cybersecurity technology, and we have long been admirers of its platform and capability in artificial intelligence," Thoma Bravo partner Andrew Almeida said in a statement.
Investegate announcements from Recommended Cash Acquisition of Darktrace plc