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  6. Proofpoint Acquires Armorize Technologies

M&A Deal Summary

Proofpoint Acquires Armorize Technologies

On August 9, 2013, Proofpoint acquired internet software and services company Armorize Technologies for 25M USD

Acquisition Highlights
  • This is Proofpoint’s 2nd transaction in the Internet Software and Services sector.
  • This is Proofpoint’s 8th largest (disclosed) transaction.
  • This is Proofpoint’s 5th transaction in the United States.
  • This is Proofpoint’s 4th transaction in California.

M&A Deal Summary
Date 2013-08-09
Target Armorize Technologies
Sector Internet Software and Services
Buyer(s) Proofpoint
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Armorize Technologies

Santa Clara, California, United States
Armorize Technologies, Inc. is a developer of cloud-based (SaaS) anti-malware products.

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Buyer(S) 1

Buyer

Proofpoint

Sunnyvale, California, United States
Category Company
Founded 2002
Sector Internet Software and Services
Employees3,658
Revenue 1.1B USD (2020)
DESCRIPTION

Proofpoint is a security-as-a-service provider that focuses on cloud-based solutions for threat protection, compliance, archiving & governance, and secure communications. Proofpoint was founded in 2002 and is based in Sunnyvale, California.

DEAL STATS #
Overall 6 of 25
Sector: Internet Software and Services M&A 2 of 8
Type: Add-on Acquisition M&A Deals 6 of 24
State: California M&A 4 of 12
Country: United States M&A 5 of 20
Year: 2013 M&A 2 of 3
Size (of disclosed) 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-25 Abaca Technology

San Jose, California, United States

Abaca Technology Corp. is an email protection and messaging security.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 Sendmail

Emeryville, California, United States

Sendmail, Inc. is a provider of solutions that simplify business messaging complexity and reduce IT infrastructure costs for enterprises throughout the world.

Buy $23M
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