Darktrace Announces Acquisition by Thoma Bravo

1, 2024 /PRNewswire/ -- Darktrace, a global leader in cybersecurity AI, has today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, for $5.3bn. The recommended cash acquisition was announced on 26 April 2024 and the Scheme of Arrangement has now become effective. The Darktrace ActiveAI Security Platform™ delivers a proactive approach to cyber resilience with pre-emptive visibility into security posture, real-time threat detection, and autonomous response – securing the business across cloud, email, identities, operational technology, endpoints, and network. Seth Boro, Managing Partner at Thoma Bravo, said: "Darktrace holds a unique position at the forefront of cybersecurity technology. Founded in 2013, Darktrace provides the essential cybersecurity platform protecting organizations from unknown threats using its proprietary AI that learns from the unique patterns of life for each customer in real-time. Copyright © 2024 Informa PLC Informa UK Limited is a company registered in England and Wales with company number 1072954 whose registered office is 5 Howick Place, London, SW1P 1WG. Jill Popelka, CEO of Darktrace, said: "Thoma Bravo will be a hugely valuable partner as we pursue further scale and innovation for our next stage of growth. Darktrace's position at the cutting edge of cybersecurity AI coupled with Thoma Bravo's deep strategic and sector expertise will be a powerful combination. Darktrace is a global leader in AI for cybersecurity that keeps organizations ahead of the changing threat landscape every day.

This Cyber News was published on www.darkreading.com. Publication date: Tue, 01 Oct 2024 21:25:10 +0000


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