Proofpoint hasn't added any jobs yet
Get notified when Proofpoint posts new jobs.
Latest Stories and News
- 7 months ago
Proofpoint has acquired threat management provider ObserveIT in a deal aimed at bolstering the firm's enterprise cybersecurity portfolio. On Saturday, the Sunnyvale, Calif.-based company said the purchase has been made for $225 million in an all-cash agreement. Founded in 2006, ObserveIT specializes in endpoint security and insider threat detection.
Catering for 1,900 customers in 87 countries, ObserveIT provides solutions for real-time enterprise network management, alerts when suspicious behavior is detected, and also assists firms in cybersecurity-related legal compliance. Boston, Mass.-based ObserveIT has raised $53 million to date. Previous investors include Bain Capital Partners.
The transaction is expected to close in Q4 2019, subject to regulatory approval.