Varonis Systems Agrees To Be Acquired By Thoma Bravo's Proofpoint For ~$6.3B In Cash

Varonis Systems, Inc. has entered into a definitive agreement to be acquired by Proofpoint, Inc., a Thoma Bravo portfolio company, for approximately $6.3 billion in cash. This acquisition marks a significant move in the data and AI security sector, as Varonis is recognized as a leader in this field.