Proofpoint is acquiring German cybersecurity firm Hornetsecurity to expand its presence in Europe and enhance services for MSPs serving SMBs. The deal is valued at over $1 billion and marks the largest acquisition in Proofpoint’s history, strengthening its Microsoft 365 security offerings.
Affected: Proofpoint, Hornetsecurity, MSPs, small and mid-sized businesses, Microsoft 365 users
Affected: Proofpoint, Hornetsecurity, MSPs, small and mid-sized businesses, Microsoft 365 users
Keypoints
- Proofpoint plans to acquire Hornetsecurity to boost its European footprint and security offerings.
- The deal is valued at more than $1 billion, making it the largest acquisition in Proofpoint’s history.
- Hornetsecurity specializes in protecting Microsoft 365 environments from cyberattacks and risks.
- The acquisition aims to strengthen security solutions for managed service providers and SMBs.
- Large cybersecurity deals continue to grow, reflecting increasing corporate investment amid market shifts.
Read More: https://therecord.media/proofpoint-hornetsecurity-acquisition