Industry insider news for Australia's technology resellers
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Sophos acquired for US$3.9 billion in cash
In a 168% premium to its IPO share price in June 2015, Sophos stockholders now receive $7.40 per share, according to the company.
Private equity deals in tech sector hit $11.79bn
Verint Systems, LogMeIn and Instructure were among the top deals secured in the month.
Thoma Bravo closes $1.6b acquisition of Barracuda Networks
Private equity firm Thoma Bravo has successfully completed the acquisition of data security firm Barracuda Networks for US$1.6 billion.
Continuum snapped up by private equity investment firm Thoma Bravo
Thoma Bravo has acquired Continuum for an undisclosed amount in a move it says will help accelerate Continuum's offering for MSPs worldwide.