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Published 11 days ago

Thoma Bravo to buy UK's Darktrace for about $5.32 billion

Summary by Channel News Asia
LONDON :Private equity firm Thoma Bravo agreed to buy Britain's Darktrace for about $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity specialist. The agreed price of $7.75, or around 620 pence per share represents a 44 per cent p

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UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo

The move will be seen as a major blow to the London Stock Exchange.

11 days ago·United States
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Channel News AsiaChannel News Asia

Thoma Bravo to buy UK's Darktrace for about $5.32 billion

LONDON :Private equity firm Thoma Bravo agreed to buy Britain's Darktrace for about $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity specialist. The agreed price of $7.75, or around 620 pence per share represents a 44 per cent p

11 days ago·Singapore
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Evening StandardEvening Standard

Darktrace to be bought by Thoma Bravo for $5.3 billion

British cybersecurity firm Darktrace has reached a deal to be acquired by US private equity firm Thoma Bravo for $5.3 billion.

11 days ago·London, United Kingdom
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