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Cybersecurity firm KnowBe4 to go private in $4.6 bln deal with Vista Equity Partners

Summary by Ground News
Shares of KnowBe4 shot up 11.4 per cent to $24.05 in premarket trading. Private equity firms have this year been scooping up technology companies whose shares have taken a beating from worries over rising interest rates and an economic slowdown.KnowBe4 provides security awareness training with simulated phishing attacks.

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Channel News Asia broke the news in Singapore on Wednesday, October 12, 2022.
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