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Private equity powerhouse Permira has agreed to purchase Mimecast for $5.8 billion, making it the third pureplay email security provider to be acquired this year.

Mimecast is probing a possible sale and top email security rival Proofpoint is expected to emerge as a potential buyer after getting acquired themselves this year.

Forescout will have its third CEO in six months after tapping former Trend Micro President and COO Wael Mohamed to take over as its top leader. The IoT security vendor brought in Mohamed to replace Greg Clark, who had just started as Forescout’s CEO in October 2020 after leading Symantec for many years. Clark took over for Michael DeCesare, who ran Forescout for nearly six years but left after the company’s contentious US$1.4 billion sale to private equity firm Advent International. Clark and DeCesare continue to lead Forescout’s board. “Wael is an industry visionary and brings an inc...

Forescout Gets New CEO Yet Again, Bringing In Wael Mohamed Forescout taps former Trend Micro President and COO Wael Mohamed to replace Greg Clark, who had just started as the IoT security vendor’s CEO in October 2020 after leading Symantec for many years. By Michael Novinson March 08, 2021, 10:27 AM EST Forescout will have its third CEO in six months after tapping former Trend Micro President and COO Wael Mohamed to take over as its top leader. The San Jose, Calif.-based IoT security vendor brought in Mohamed to replace Greg Clark, who had just started as ...

Forescout CMO Leaving Company As Exec Turnover Continues ‘They [Forescout] actually need new and updated messaging as they are starting to get drowned out in the market with other IoT players coming up like Armis, Ordr and Palo Alto Networks,’ one partner tells CRN. By Michael Novinson February 19, 2021, 04:40 PM EST Forescout Chief Marketing Officer Neville Letzerich will be departing the company next week, the latest in a string of executive departures for the IoT security vendor. Letzerich joined Forescout in November 2019 following a short stint at V...