Thoma Bravo makes US$2.4 billion play for Ping Identity

By
Follow google news

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

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
ping identitysecurity

SPONSORED RESOURCES

2026 Wasabi Global Cloud Storage Index
2026 Wasabi Global Cloud Storage Index
The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond
The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond
Innovate anywhere with HPE and Azure Local
Innovate anywhere with HPE and Azure Local
Cloud Covered Report: New Zealand
Cloud Covered Report: New Zealand
How healthcare organisations can get more value from cloud
How healthcare organisations can get more value from cloud

Events

Most Read Articles

Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases
Vengeful researcher drops ShieldBreak Windows zero-day on Patch Wednesday

Vengeful researcher drops ShieldBreak Windows zero-day on Patch Wednesday
Komatsu Australia to move 4000 users to zero trust cloud security

Komatsu Australia to move 4000 users to zero trust cloud security
Onelogon attack defeats Microsoft's Zerologon patch

Onelogon attack defeats Microsoft's Zerologon patch
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?