From Dealroom · · 40s
Proofpoint Acquires Varonis for $6.3B Cybersecurity Play
Proofpoint buys Varonis for $6.3 billion to create the largest data and AI cybersecurity platform.
In brief
Proofpoint buys Varonis for $6.3 billion to create the largest data and AI cybersecurity platform. Proofpoint will acquire Varonis Systems for $6.3 billion in an all-cash deal to form the industry's largest data and AI cybersecurity organization. Originally reported by Dealroom.
Deal Details
Proofpoint will acquire Varonis Systems in an all-cash transaction valued at about $6.3 billion.
Shareholder Premium
Varonis shareholders receive $49.75 per share, a 52% premium to the stock's June 22, 2026 close.
Endgame Strategy
The combined company would serve over 16,000 enterprises and build the industry's largest data and ai cybersecurity organization.
The takeaway
Proofpoint will acquire Varonis Systems for $6.3 billion in an all-cash deal to form the industry's largest data and AI cybersecurity organization.
