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  6. Proofpoint Acquires Wombat Security

M&A Deal Summary

Proofpoint Acquires Wombat Security

On February 6, 2018, Proofpoint acquired software company Wombat Security for 225M USD

Acquisition Highlights
  • This is Proofpoint’s 10th transaction in the Software sector.
  • This is Proofpoint’s 2nd largest (disclosed) transaction.
  • This is Proofpoint’s 16th transaction in the United States.
  • This is Proofpoint’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2018-02-06
Target Wombat Security
Sector Software
Buyer(s) Proofpoint
Deal Type Add-on Acquisition
Deal Value 225M USD

Target

Wombat Security

Pittsburgh, Pennsylvania, United States
Wombat Security is a provider of an information security awareness and training software to help organizations teach their employees secure behavior. Wombat Security was established in 2008 and is based in Pittsburgh, Pennsylvania.

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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 17 of 25
Sector: Software M&A 10 of 11
Type: Add-on Acquisition M&A Deals 16 of 24
State: Pennsylvania M&A 1 of 1
Country: United States M&A 16 of 20
Year: 2018 M&A 1 of 1
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 Weblife Balance

Los Angeles, California, United States

Weblife Balance, Inc. is a provider of browser isolation solutions. Weblife Balance was founded in 2013 and is based in Los Angeles, California.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Meta Networks

Tel Aviv-Yafo, Israel

Meta Networks Ltd. is a provider in Software Defined Perimeter (SDP) solutions for secure remote access. Zero-Trust Network Access is the alternative to VPN for secure remote access to any application, anywhere. Meta Networks Ltd. was founded in 2016 and is based in Tel Aviv-Yafo, Israel.

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