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Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations greatest assets and biggest risks: their people. Thoma Bravo is n van de grootste software-investeerders ter wereld, met meer dan $120 miljard aan beheerd vermogen (per 30 september 2022). Get deeper insight with on-call, personalized assistance from our expert team. Should I trust the word or simply not accept the offer? Layoffs are coming(senior leadership across the board is looking for the exit), etc. Thoma Bravo to take cybersecurity firm Proofpoint private in $12.3 bln It dropped 100 people after the sale to Symphony; probably attributable to the BSAFE team staying with Dell. Thoma Bravo agrees $12.3bn deal for cyber security group Proofpoint Cybersecurity firm Proofpoint to be acquired for $12.3bn - Silicon Republic SUNNYVALE and SAN FRANCISCO, Calif., August 31, 2021 Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravos acquisition of Proofpoint for approximately $12.3 billion in cash. Can I Be Laid Off While On Workers Compensation? Connect with us at events to learn how to protect your people and data from everevolving threats. Proofpoint does not assume any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Save my name, email, and website in this browser for the next time I comment. It was formed when Raytheon, the defense contractor, attempted to move into the cybersecurity realm by acquiring Websense. Last week, Instructure, home of Canvas LMS, went through a restructuring process which resulted in 100 full-time employees losing their jobs. For more information, visit thomabravo.com. The long-term problem for Proofpoint and now, Thoma Bravo is that its biggest competitor is a little company in Redmond called Microsoft. RSA Security grew slightly during the first three quarters of 2020, from 3,161 to 3,172 employees. CEO left because of frustrations with TB folks, talks of cost cuts, not laying off yet, but TB history got former CEO worried. Proofpoint after Thoma Bravo acquisition - Blind 20 answers No layoffs except ~100 in commercial sales which isnt a priority for TB. Thoma Bravo, the private equity firm that completed the acquisition in March, had other plans as reported at IBL News on January 26th [emphasis in original]. The pair began to move Dynatrace from selling database. Terms and conditions They cut across the org - DevOps got sent offshore first, followed by a lot of SWE.