Darktrace Announces Formal Completion of its Acquisition by Thoma Bravo

Darktrace Announces Formal Completion of its Acquisition by Thoma Bravo

October 1, 2024 at 05:32PM

Darktrace, a leader in cybersecurity AI, has been acquired by Thoma Bravo for $5.3bn. CEO Jill Popelka views this as a valuable partnership, citing Darktrace’s advanced cybersecurity AI and Thoma Bravo’s expertise. Seth Boro of Thoma Bravo expresses excitement to support Darktrace’s efforts in protecting against cyber threats. Darktrace’s AI platform protects organizations worldwide.

Meeting Notes Summary:

– Darktrace, a global leader in cybersecurity AI, has been acquired by Thoma Bravo for $5.3bn.
– The acquisition was announced on April 26, 2024, and the Scheme of Arrangement has become effective.
– Jill Popelka, CEO of Darktrace, sees the acquisition as an opportunity for further scale and innovation with Thoma Bravo’s support. Emphasizes the continued focus on providing top-notch AI-powered cybersecurity.
– Seth Boro, Managing Partner at Thoma Bravo, highlights Darktrace’s unique position in cybersecurity and expresses excitement to support their ambitions.

About Darktrace:
– Darktrace, founded in 2013, is a global leader in AI for cybersecurity.
– The Darktrace ActiveAI Security Platform™ uses proprietary AI to protect organizations from unknown threats in real-time.
– The platform and services are supported by over 2,400 employees worldwide, protecting nearly 10,000 customers across major industries.

For further information, visit https://ift.tt/aIElJ1A.

Full Article