Latest News

Defence mandates move off VMware

ASIC talking to bankers over failed Firmus IPO

Researchers feed infostealer gangs booby-trapped session cookies

BHP eyes momentum as it scales digital systems across supply chain

In Pictures: Governing the Next Stage of Enterprise AI Theta & Dicker Data NZ roundtable

Thoma Bravo makes US$2.4 billion play for Ping Identity

By Akash Sriram

Aug 4 2022 6:31AM

Deepens cyber security bets.

Thoma Bravo makes US$2.4 billion play for Ping Identity

Private equity firm Thoma Bravo is buying Ping Identity for US$2.4 billion (A$3.45 billion), deepening a bet on the cyber security sector that has been one of the big winners of the pandemic. The deal values each share of Ping Identity at US$28.50, a premium of 63 percent to the last closing ...

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

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

ping identity security

Partner Content

Australian mid-market businesses to access deeper AI and security expertise with First Focus-Integris partnership

Promoted Content Australian mid-market businesses to access deeper AI and security expertise with First Focus-Integris partnership

From ambition to impact: The next era of government transformation.

Promoted Content From ambition to impact: The next era of government transformation.

Protecting the Human Operating System: How Technology Teams Can Perform Under Pressure in an Always-On World

Promoted Content Protecting the Human Operating System: How Technology Teams Can Perform Under Pressure in an Always-On World

Partner Content Who owns your brand’s AI reputation?

SPONSORED RESOURCES

Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific

Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific

Strategies to Counter the Ransomware Threat in APJ

Strategies to Counter the Ransomware Threat in APJ

Craft your ideal hybrid multicloud strategy

Craft your ideal hybrid multicloud strategy

Secure your AI future with generative AI defense

Secure your AI future with generative AI defense

See how F5 protects modern applications against evolving threats

See how F5 protects modern applications against evolving threats

Events

Most Read Articles

Node2Shell flaw embedded in apps and dev tools far beyond Node.js

Node2Shell flaw embedded in apps and dev tools far beyond Node.js

Critical flaws strike PHP as disclosure embargo is broken

Critical flaws strike PHP as disclosure embargo is broken

Fixes for Google Brotli flaw arrive for Microsoft .NET, PHP and Linux

Fixes for Google Brotli flaw arrive for Microsoft .NET, PHP and Linux

Parliamentary Information and Cyber Resilience upgrade has $40m budget

Parliamentary Information and Cyber Resilience upgrade has $40m budget

Cognizant to acquire DyFlex Solutions

Cognizant to acquire DyFlex Solutions

Six ANZ partners sign AI MOUs with Microsoft

Six ANZ partners sign AI MOUs with Microsoft

NEXTDC cuts FY27 guidance as Jemena delays stall M3 Melbourne power supply

NEXTDC cuts FY27 guidance as Jemena delays stall M3 Melbourne power supply

Axelo acquires Melbourne-based cybersecurity provider Cynch

Axelo acquires Melbourne-based cybersecurity provider Cynch

Jabra appoints Max Davies as managing director for Australia and New Zealand

Jabra appoints Max Davies as managing director for Australia and New Zealand

Most popular tech stories