Eskenzi PR ad banner Eskenzi PR ad banner
  • About Us
Monday, 6 February, 2023
IT Security Guru
Eskenzi PR banner
  • Home
  • Features
  • Insight
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
IT Security Guru
No Result
View All Result

Blue Coat set to be acquired by investment firm for $2.4BN

by The Gurus
March 10, 2015
in Editor's News
Share on FacebookShare on Twitter

Private investment firm Bain Capital has announced it is to acquire security vendor Blue Coat Systems in an all-cash transaction valued at approximately $2.4 billion.
Blue Coat were acquired by investors Thoma Bravo for $1.3 billion in 2011, and completed the acquisition of Norman Shark in 2013. The transaction is expected to close during the first half of 2015.
Gregory S. Clark, chief executive officer, Blue Coat Systems, said: “The world’s most trusted brands use Blue Coat, and the acquisition by Bain Capital sets us on the trajectory to further grow our portfolio, better serve our customers and help us prepare to return to the public markets.
“Bain Capital has a long history of accelerating growth, and I look forward to partnering with them in our journey to be one of the top performing security companies in the world.”
David Humphrey, a managing director at Bain Capital, said: “We are excited by the opportunity to work with Blue Coat’s world-class management team to grow the business organically and through acquisitions, and to ultimately return the company to the public markets.
“We are very impressed with the profitable growth the company has demonstrated and believe strongly in the future growth of the cyber security market and Blue Coat’s position in this important sector.”
Seth Boro, a managing partner at Thoma Bravo, said: “We are extremely proud of our partnership with Blue Coat, which has achieved substantial growth since going private in 2012, while positioning itself as a leading next generation security company. We look forward to watching Blue Coat continue to grow with its new investment partner.”

FacebookTweetLinkedIn
Tags: Acquisition
ShareTweetShare
Previous Post

ICO's move to enforce rather than fine welcomed

Next Post

FREAK, IE and Stuxnet patches delivered by Microsoft

Recent News

london-skyline-canary-wharf

Ransomware attack halts London trading

February 3, 2023
Ransomware conversations: Why the CFO is pivotal to discussing and preparing for risk

Ransomware conversations: Why the CFO is pivotal to discussing and preparing for risk

February 2, 2023
JD Sports admits data breach

JD Sports admits data breach

January 31, 2023
Acronis seals cyber protection partnership with Fulham FC

Acronis seals cyber protection partnership with Fulham FC

January 30, 2023

The IT Security Guru offers a daily news digest of all the best breaking IT security news stories first thing in the morning! Rather than you having to trawl through all the news feeds to find out what’s cooking, you can quickly get everything you need from this site!

Our Address: 10 London Mews, London, W2 1HY

Follow Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Events
    • Most Inspiring Women in Cyber 2022
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us

© 2015 - 2019 IT Security Guru - Website Managed by Calm Logic

This site uses functional cookies and external scripts to improve your experience.

Privacy settings

Privacy Settings / PENDING

This site uses functional cookies and external scripts to improve your experience. Which cookies and scripts are used and how they impact your visit is specified on the left. You may change your settings at any time. Your choices will not impact your visit.

NOTE: These settings will only apply to the browser and device you are currently using.

GDPR Compliance

Powered by Cookie Information