Proofpoint To Acquire Varonis For $6.3 Billion In All-Cash Deal

Proofpoint will acquire Israeli-founded data security company Varonis in an all-cash deal valued at approximately $6.3 billion, offering shareholders $49.75 per share—a 52% premium to its June 22 closing price. Varonis co-founder, CEO and chairman Yaki Faitelson said the deal will accelerate its mission to secure AI systems and enterprise data, while Proofpoint CEO Sumit Dhawan said the acquisition will strengthen its cybersecurity platform. The transaction is expected to close in the first half of 2027, subject to shareholder and regulatory approvals, and will take Varonis private.

SALE PRICE: $6,300,000,000

HQ: Sunnyvale, California

#VentureCapital #Proofpoint #Varonis #TradedVC