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  6. Barracuda Networks Acquires Sookasa

M&A Deal Summary

Barracuda Networks Acquires Sookasa

On April 4, 2016, Barracuda Networks acquired internet software and services company Sookasa

Acquisition Highlights
  • This is Barracuda Networks’ 2nd transaction in the Internet Software and Services sector.
  • This is Barracuda Networks’ 8th transaction in the United States.
  • This is Barracuda Networks’ 4th transaction in California.

M&A Deal Summary
Date 2016-04-04
Target Sookasa
Sector Internet Software and Services
Buyer(s) Barracuda Networks
Deal Type Add-on Acquisition

Target

Sookasa

Mountain View, California, United States
Sookasa, Inc. is a cloud access security broker (CASB). Sookasa offers two products to help you detect risks in your cloud accounts by leveraging the APIs of our integration partners.

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Buyer(S) 1

Buyer

Barracuda Networks

Campbell, California, United States
Category Company
Founded 2003
Sector Internet Software and Services
Employees1,365
Revenue 277M USD (2015)
DESCRIPTION

Barracuda Networks is a provider of security, networking and storage products based on network appliances and cloud service. Barracuda simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications and data, regardless of where they reside. Barracuda Networks was founded in 2003 and is based in Campbell, California.

DEAL STATS #
Overall 8 of 14
Sector: Internet Software and Services M&A 2 of 6
Type: Add-on Acquisition M&A Deals 8 of 14
State: California M&A 4 of 5
Country: United States M&A 8 of 13
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-29 Intronis

Chelmsford, Massachusetts, United States

Intronis, Inc. is a data protectionsoftware solutions to managed service providers (MSPs), a fast-growing channel delivering IT services to small and medium-sized businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-30 LivingTree

Austin, Texas, United States

LivingTree is a provider of a secure, community-wide platform for educators and parents to engage – facilitating and improving ongoing communication and student achievement. Snowflake Technologies is based in Austin, Texas.

Buy -
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