Proofpoint to Acquire Varonis in $6.3 Billion Deal
Summary
Proofpoint agreed to acquire Varonis in a cash deal valued at about $6.3 billion, combining email and threat protection with data-security capabilities. The companies say the deal will help organizations secure data and AI use.
Key points
- Proofpoint agreed to buy Varonis in a cash transaction valued at approximately $6.3 billion.
- The acquisition combines Proofpoint’s focus on email-based threats, including phishing and fraud, with Varonis’ data-security tools.
- The companies say the combined business will help organizations find and address data risks as they adopt AI.
- Proofpoint CEO Sumit Dhawan cited AI-enabled attacks and AI agents’ access to sensitive information as security concerns.
- The deal was unanimously approved by Varonis’ board and is expected to close in the first half of 2027, subject to shareholder and regulatory approvals.
Article Details
- Event Type
- Acquisition agreement
- Impact
- Proofpoint agreed to acquire Varonis Systems in an approximately $6.3 billion cash transaction. The companies say the combination will bring together Proofpoint’s protection against email-based threats and its threat and data-risk intelligence with Varonis’ visibility into sensitive organizational data, with a stated aim of helping organizations secure data and AI use. The deal is subject to shareholder and regulatory approvals.
People
Vendors
ProofpointProofpoint agreed Thursday to acquire Varonis Systems in a cash transaction valued at approximately $6.3 billion, combining two companies that have positioned themselves around a shared bet: that securing data hasVaronisProofpoint agreed Thursday to acquire Varonis Systems in a cash transaction valued at approximately $6.3 billion, combining two companies that have positioned themselves around a shared bet: that securing data has