Mimecast spurns Proofpoint's higher take-private bid over antitrust concerns

By

Two competitors control 50 percent of email security market.

Mimecast spurns Proofpoint's higher take-private bid over antitrust concerns
Mimecast, the email security provider that announced a deal to go private last month, has rejected a higher offer from Thoma Bravo-backed Proofpoint due to antitrust risks, according to regulatory filings and sources familiar with the situation. Proofpoint offered US$92.50 (A$127.12) cash per ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
acquisitionantitrustbidmimecastproofpointsecuritytakeover

Sponsored Whitepapers

What 4 wholesale distribution challenges aren’t going away anytime soon?
What 4 wholesale distribution challenges aren’t going away anytime soon?
State of the SOC: Building Resilience in a Shifting Threat Landscape
State of the SOC: Building Resilience in a Shifting Threat Landscape
Transform IT Service Delivery with Freshworks ITSM
Transform IT Service Delivery with Freshworks ITSM
Digital Transformation That Works in the Real World
Digital Transformation That Works in the Real World
Beyond the Breach: Logicalis Delivers Scalable, Business-Aligned MXDR Security
Beyond the Breach: Logicalis Delivers Scalable, Business-Aligned MXDR Security

Events

Most Read Articles

Travel eSIMs secretly route traffic over Chinese and undisclosed networks: study

Travel eSIMs secretly route traffic over Chinese and undisclosed networks: study
"Widespread data theft" hits Salesforce customers via third party

"Widespread data theft" hits Salesforce customers via third party
Attackers weaponise Linux file names as malware vectors

Attackers weaponise Linux file names as malware vectors
Home Affairs adds SecOps to new cyber risk overhaul

Home Affairs adds SecOps to new cyber risk overhaul
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?