M&A Deal Summary

Sophos Acquires Braintrace

On July 22, 2021, Sophos acquired information technology company Braintrace

Acquisition Highlights
  • This is Sophos’ 4th transaction in the Information Technology sector.
  • This is Sophos’ 8th transaction in the United States.
  • This is Sophos’ 1st transaction in Utah.

M&A Deal Summary

Date 2021-07-22
Target Braintrace
Sector Information Technology
Buyer(s) Sophos
Deal Type Add-on Acquisition

Target

Braintrace

Salt Lake City, Utah, United States
Braintrace is a sole-source security provider providing cutting-edge information security and IT services, Braintrace has vast experience in advising customers in broad areas of security-related business risks, including government compliance and regulatory issues. Braintrace is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Sophos

Abingdon, United Kingdom

Category Company
Founded 1985
Sector Information Technology
Employees3,381
Revenue 711M GBP (2019)
DESCRIPTION
Sophos' office building in North Sydney, Australia.
Sophos' office building in North Sydney, Australia.

Sophos is a provider of information technology security and data protection solutions. Sophos' cloud-native and AI-enhanced solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cybercriminal tactics and techniques, including automated and active-adversary breaches, ransomware, malware, exploits, data exfiltration, phishing, and more. Sophos was founded in 1985 and is based in Abingdon, United Kingdom.


DEAL STATS #
Overall 13 of 14
Sector (Information Technology) 4 of 5
Type (Add-on Acquisition) 13 of 14
State (Utah) 1 of 1
Country (United States) 8 of 9
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Capsule8

New York, New York, United States

Capsule8 provides modern enterprises scalable Linux workload protection. Designed to avoid costly downtime, overloaded hosts, or stability snafus caused by traditional security tools, modern enterprises depend on Capsule8 to secure their workloads with runtime visibility, detection and response in any environment – whether containerized, virtualized, or bare metal. Capsule8 was founded in 2016 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 ActiveState Software

Vancouver, British Columbia, Canada

ActiveState Software is a software company that develops anti-spam software for enterprises and professional tools for open source language programmers. ActiveState Software was founded in 1997 and is based in Vancouver, British Columbia.

Sell -