Proofpoint has acquired Hornetsecurity for $1 billion to enhance its Microsoft 365 security offerings and expand its presence in the European market.
Target Information
Hornetsecurity is a prominent provider of cloud security services specifically designed for Microsoft 365 users. Renowned for their innovative solutions in email security and data loss prevention, Hornetsecurity has made significant inroads in the tech industry, particularly in Europe. By focusing on enhancing the security of Microsoft 365, they have positioned themselves as a vital partner for organizations looking to safeguard their cloud-based operations.
The acquisition marks a strategic opportunity for Proofpoint to leverage Hornetsecurity's expertise and customer base, particularly as more businesses adopt cloud communication tools. With cyber threats evolving rapidly, Hornetsecurity's advanced protection solutions are critical for modern enterprises aiming to maintain data integrity and secure communications.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The cloud security market, especially for Microsoft 365, has experienced substantial growth in recent years, propelled by the increased reliance on digital collaboration tools amid the rise of remote work. Many organizations are mig
Similar Deals
Proofpoint
invested in
Hornetsecurity
in
in a Merger deal
Disclosed details
Transaction Size: $1,000M