Important risk factors that may cause such a difference include, but are not limited to: (i) the impact of the COVID-19 pandemic on Proofpoints business and general economic conditions; (ii) Proofpoints ability to implement its business strategy; (iii) potential litigation relating to the transaction; (iv) the risk that disruptions from the transaction will harm Proofpoints business, including current plans and operations; (v) the ability of Proofpoint to retain and hire key personnel; (vi) potential adverse reactions or changes to business relationships resulting from the completion of the transaction; (vii) legislative, regulatory and economic developments affecting Proofpoints business; (viii) general economic and market developments and conditions; (ix) the evolving legal, regulatory and tax regimes under which Proofpoint operates; and (x) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as Proofpoints response to any of the aforementioned factors. Oct 20, 2020 Got an email from our CEO confirming that Thoma Bravo will be acquiring a controlling interest in our firm. Thoma Bravo's deal to take the company. Advisors Morgan Stanley & Co. LLC is acting as exclusive financial advisor to Proofpoint, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as its legal counsel. Anaplan, Go to company page In light of the announced transaction with Thoma Bravo, Proofpoint has cancelled its earnings conference call previously scheduled for April 29, 2021. The firm is considered to be extremely hands-on, including Bravo himself. The announcement that Thoma Bravo is acquiring publicly traded Proofpoint for $12.3 billion is the latest and largest private equity deal in the cybersecurity industry. WhiteSource, an o pen source security firm, has acquired Diffend, an innovative software supply chain security service. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. Should I trust the word or simply not accept the offer? They will do all they can to not pay. February . Disarm BEC, phishing, ransomware, supply chain threats and more. SUNNYVALE and SAN FRANCISCO, Calif., August 31, 2021 Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravos acquisition of Proofpoint for approximately $12.3 billion in cash. There was a big culture change that did come with a focus on just saving money everywhere. Heres what happens when Thoma Bravo buys your company including what could potentially be planned for recent acquisition Ping Identity. While the list of factors presented here is, and the list of factors presented in the proxy statement is, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. About Thoma Bravo. Thoma Bravo is a private equity firm with a focus on investing in software and technology companies. He was a Research VP at Gartner. https://www.teamblind.com/post/Proofpoint-Medallia-outcome-of-Thoma-bravo-purchase-YdfZ7Lkk, Mar 22, 2022 Fortunately, no layoffs , no reduction in force as of now. 3D asset visualization and management platform startup Hexa raises $20.5M - SiliconANGLE,3D asset visualization and management platform startup Hexa today announced it has raised $20.5 million in new funding to support further expansion.Based in Israel, Hexa, incorporated as Fitix Vi 2/ That Thoma Bravo is the suitor is likely no coincidence; they're set to also acquire fellow identity security company SailPoint in the second half of 2022.Betting they combine $PING and $SAIL then bring them public as a bigger, stronger business down the road. Raytheon continued acquiring technologies, including both Stonesoft and Sidewinder, network firewalls that ended up in the hands of Intel after they acquired McAfee, which had, in turn, acquired them when they bought Secure Computing. +1 to the person above who said they actively avoid companies owned by private equity firms. Splunk, Go to company page reported by Reutersmight be another proof point for a market downturn. This is followed by high rates of attrition by disrespecting the talented staff that stay and moving any new engineering jobs to offshore vendors. UltimatePP you think proofpoint is doing good under Thoma Bravo? An inside view of ConnectWises reduction in force from msp, When asked whether more layoffs were coming, Jason said that without Covid the My company is a Thoma Bravo deal as well and your description of those , https://www.cnbc.com/2021/04/26/thoma-bravo-purchase-of-proofpoint-marks-top-private-equity-cloud-deal.html, Apr 26, 2021 Proofpoint shares surged 31% on Monday after private equity firm Thoma Bravo agreed to buy the security software vendor in a deal valued at , Buyout firm Thoma Bravo builds war chest for software companies, Thoma Bravos transactions nonetheless embody layoffs (usually 10% or extra of employees) and outsourcing, shifting operations to international locations , https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-proofpoint. It will be almost a year the aquisition was declared last April of Proofpoint. Leveraging the firms deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. FEBRUARY 8, 2023 PDFTron Rebrands as Apryse, Reflecting Expanded Product Offerings and Commitment to Innovation. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. The cybersecurity company Proofpoint said it has agreed to be acquired by the private -equity firm Thoma Bravo for $12.3 billion in cash, or about $176 a share, up about 34% from Friday's . This communication contains forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The answer depends on the size of the company, how long the , https://www.glassdoor.com/Reviews/Employee-Review-RealPage-RVW47308194.htm, May 22, 2021 After the Thoma Bravo merger: the first wave of layoffs has already occurred and it looks like another wave is occurring. Learn about our people-centric principles and how we implement them to positively impact our global community. AI-powered protection against BEC, ransomware, phishing, supplier riskandmore with inline+API or MX-based deployment. Bonuses will be paid af 100%, Did you guys meet sales target? It also acquired SurfControl and Defensio. Thoma Bravo's investment in Intel 471 sees the private equity firm continue its cybersecurity investing spending-spree. Founded in 1997 in Israel with technology that could be used to counter modern viruses (so-called polymorphic) and DRM technology, it pivoted several times and was ultimately acquired by M86 Security in 2009. Raytheon purchased Vista Equitys remaining Forcepoint stake in January 2020 for $588 million, and then announced in October 2020 that it was selling the whole company to another private equity firm, Francisco Partners. The deal, announced Feb. 6, 2020, was valued at $1.9 billion. Manage risk and data retention needs with a modern compliance and archiving solution. The $800 million second-lien secured term loan is not rated. Thoma Bravo has agreed to take cyber security company Proofpoint private in a $12.3bn deal, as the technology-focused private equity firm continues its push for bigger deals. Under the terms of the all-cash agreement, Proofpoint shareholders will receive $176 per share. Proofpoint, Inc. investor-relations@proofpoint.com (408) 585-4351 About Thoma Bravo Thoma Bravo is one of the largest private equity firms in the world, with more than $78 billion in. Looking back on the last two years, it is apparent that cybersecurity is viewed as hot by private equity firms. Can I Be Laid Off While On Workers Compensation? Under the terms of the definitive agreement, Proofpoint shareholders will receive $176 per share in cash, in an all-cash transaction valued at $12.3bn . The firm, known for its investments in. investor-relations@proofpoint.com (408) 585-4351. Privacy Policy Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Proofpoints financial condition, results of operations, or liquidity. It dropped 100 people after the sale to Symphony; probably attributable to the BSAFE team staying with Dell. Copyright 2023 Market Realist. Still other times, the firm who purchased the company may turn around and sell it again. Sitemap, Thoma Bravo Completes Acquisition of Proofpoint. The announcement that Thoma Bravo is acquiring publicly traded Proofpoint for $12.3 billion is the latest and largest private equity deal in the cybersecurity industry.As a rule, I am not a fan of financial shenanigans. For more information, visit thomabravo.com. I know that my team has be reduced by 70% because everyone left. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. Prevent data loss via negligent, compromised and malicious insiders by correlating content, behavior and threats. DENVER , August 3, 2022 / PRNewswire / -- Ping Identity (NYSE: PING), provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value . These forward-looking statements are based on Proofpoints current expectations, estimates and projections about the potential benefits of the transaction, its business and industry, managements beliefs and certain assumptions made by Proofpoint and Thoma Bravo, all of which are subject to change. I feel bad for the people. We look forward to building on our offerings to continue preventing, defending and responding to both todays and tomorrows cybersecurity threats. There were even cuts at the C suite, so I dont think any role is safe post acquisition. Jun 3, 2022 Elon Musk says Tesla will lay off 10% of its salaried employees. It isn't clear yet what Thoma Bravo has planned for Ping Identity and SailPoint. Vista Equity Partners then acquired Websense in 2013 for $906 million. Thoma Bravo is a leading private equity firm that focuses on software and technology. Marketing is drastically curtailed, with fewer appearances at trade shows and events in general. Thoma Bravo UK LLP is an Appointed Representative of Sapia Partners LLP which is regulated and authorised by the Financial Conduct Authority (FCA). In a time of rising layoffs and cooled jobs market outlooks, employees of recently acquired companies may be wondering whats next. It started with the astounding acquisition of Recorded Future by Insight Partners for $780 million in 2019. When private equity shows up to a deal, it usually spells disaster for everyone but the investors. Learn about the benefits of becoming a Proofpoint Extraction Partner. While the list of factors presented here is, and the list of factors presented in the proxy statement is, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. So the problems youre seeing in SolarWinds is where Thoma Bravo , Insights from Thoma Bravo and Frontline Education for Instructures Possible Future, Dec 19, 2019 Even beyond Frontline Education, Thoma Bravo is well-known for having layoffs , as seen at Ellie Mae, Riverbed, Qlik, and Imperva. Russia-Ukraine War: Cybersecurity Lessons for Tech Pros, Proofpoints 2023 State of the Phish Report: Threat Actors Double Down on Emerging and Tried-and-Tested Tactics to Outwit Employees, Proofpoint Offers More Simplicity with New Element Partner Program, Intelligent Classification and Protection, Managed Services for Security Awareness Training, Managed Services for Information Protection. Defend your data from careless, compromised and malicious users. Lost some good folk as part of restructuring and some parts of the biz now stretched, but margins are now great and the company has a really positive culture and is growing in the right places. Riverbed Technology, Go to company page All forward-looking statements by their nature address matters that involve risks and uncertainties, many of which are beyond our control, and are not guarantees of future results, such as statements about the anticipated benefits of the transaction. Medallia, Go to company page He had to wait to quit so he gets that payout, Check out this post! Unvested stock turned to restricted cash vesting on the same schedule. In 2019, Bravo became the first billionaire born in Puerto Rico. The long-term problem for Proofpoint and now, Thoma Bravo is that its biggest competitor is a little company in Redmond called Microsoft. Upon completion of the acquisition, Proofpoint stockholders were entitled to receive $176.00 in cash for each share of Proofpoint common stock they own. In 2019, when Bravo reached billionaire status, Forbes wrote, Bravo is eyeing $10 billion-plus deals and expects to begin buying entire divisions from todays technology giants. The latest couple of deals haven't exceeded the $10 billion mark, but theyre substantial nonetheless. The announcement comes four days after Thoma Bravo closed its prior top cloud. I was also worried after reading about Thoma Bravo history with what they did with some of the companies they bought. Thoma Bravo , a private equity firm which took Proofpoint private in a $12.3 for approximately $12.3 billion in cash. Find the information you're looking for in our library of videos, data sheets, white papers and more. The proceeds along with sponsor equity from Thoma Bravo will be used for Thoma Bravo's acquisition of . Gary Steele, chairman and CEO of Proofpoint, said in a press release . Thoma Bravo's transactions nonetheless embody layoffs (usually 10% or extra of employees) and outsourcing, shifting operations to international locations Thoma Bravo Completes Acquisition of Proofpoint https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-proofpoint In the largest-ever private equity investment in cloud software, Thoma Bravo has agreed to acquire Proofpoint for $12.3 billion to boost its cybersecurity profile. Dec 6, 2021 Thoma Bravo's deals still involve lay-offs often more than 10 per cent of staff and outsourcing, shifting operations to countries with low Related Thoma Bravo Proofpoint Layoffs July 24, 2022 In "T Layoffs" Thoma Bravo Realpage Layoffs October 1, 2022 In "T Layoffs" Thoma Bravo Layoffs October 12, 2022 In "T Layoffs" Should I not even entertain the idea of a job offer with them anymore? They cut across the org - DevOps got sent offshore first, followed by a lot of SWE. The all-cash deal will take Proofpoint off the stock market and make it a . However, our CEO will be leaving in April 2022 on his own, which is bad for us. Thoma Bravo, a private equity firm, has agreed to purchase Proofpoint for $12.3 billion in the biggest cybersecurity acquisition of all time. Its terrible. Richard Stiennon is the author of Security Yearbook 2021: A History and Directory of the IT Security Industry. Thoma. How is proofpoint doing after the acquisition in terms of:CompensationWLBCompany cultureAttritionLayoffsTB leadership and managementDo you guys still fear of layoffs?#tech #software #layoffs #thomabravo#anaplan, Go to company page Revenue was $287.8 million, up 15 percent compared to Q1 of 2020. Energized to find a new job after yours gets sent offshore is more accurate. Monthly WordPress Security Roundup [April 2021], US Marshals Ransomware Hack is Major Incident, Orca Security Adds Data Security Capabilities to Cloud Platform, Top 10 Open Source Software Risks of 2023, NIST Shores Up CSF 2.0 With Supply Chain, Governance Reforms, White House Bans TikTok on Federal Devices, Multi-Year Spearphishing Campaign Targets the Maritime Industry Likely for Financial Gain, GitHub Restore and Disaster Recovery Better Get Ready, Bizarre DNS Hacks For Fun And, Um, Fun. All other trademarks contained herein are the property of their respective owners. All other trademarks contained herein are the property of their respective owners. . post regarding Riverbed . Marketing is drastically . Andy Brimmer / Matthew Sherman / Jed Repko, 2023. The company has spent over $ 97.92B for the acquisitions. Im extremely grateful to our team members whose dedication and hard work have contributed to Proofpoints success and made this possible and, together, I know well deliver even more innovative solutions for our customers., We are thrilled to officially embark on our partnership with Proofpoint and begin supporting Proofpoints ongoing mission of protecting organizations from the ever-increasing threat of cyberattacks, said Seth Boro, a Managing Partner at Thoma Bravo. Thanks. However , Thoma Bravo Lacks Options with Proofpoint, Apr 28, 2021 Employees are faced with layoffs , years of stalled product innovation and the imposition of cost-saving measures. May 17, 2019, 5:22 p.m. EDT 1 Min Read. Help your employees identify, resist and report attacks before the damage is done. Should I , Thoma Bravo Lacks Options with Proofpoint Security Boulevard, An inside view of ConnectWises reduction in force : r/msp, An inside view of ConnectWises reduction in force, Proofpoint / Medallia outcome of Thoma bravo purchase Blind, Buyout firm Thoma Bravo goes from niche to big league, Can You Be Laid Off While On Medical Leave, Can A Company Find Out If You Were Laid Off, Can You Say You Were Laid Off Instead Of Fired, Can You Go On Disability After Being Laid Off, Can You Be Laid Off While On Short-Term Disability. Thoma Bravo is buying out Ping at a value of $28.50 per share, a 63-percent premium from the stocks price prior to the announcement. We caught up with him ahead of the Channel Partners Conference & Expo and co-located MSP Summit, Nov. 1-4. Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021. Learn about our unique people-centric approach to protection. Learn about the technology and alliance partners in our Social Media Protection Partner program. Learn about the human side of cybersecurity. Read the release on the PR Newswire website here. Overview of Thoma Bravo's Acquisitions All Acquisitions : 63 [View Details] Latest Acquisitions : Thoma Bravo is a leading private equity firm that focuses on software and technology. This model was successful enough for the company to go public in 2013. Sometimes, CEO and other executive replacements occur. It's a bad time. Did TB disclose anything? It will be almost a year the aquisition was declared last April of Proofpoint. In February 2020, Dell announced that RSA security would be sold to PE firm Symphony Technology Group for $2.075 billion. Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations greatest assets and biggest risks: their people. February 22, 2023 Portfolio; PDFTron Rebrands as Apryse, Reflecting Expanded Product Offerings and Commitment to Innovation. Before the transaction was completed in September 2020, RSA transferred ownership of the core BSAFE libraries to Dell, along with the associated customer contracts. Proofpoint is a leading cybersecurity company that protects organizations' greatest assets and biggest risks: their people. Marketing is drastically , Ellie Mae announces layoffs of 10% of its staff, May 20, 2019 Ellie Mae recently completed restructuring its team after its acquisition by Thoma Bravo , a move that includes the layoff of about 10% of , https://www.ft.com/content/456f2fd7-f868-4ea6-abd7-fce34e783333, Dec 6, 2021 Thoma Bravos deals still involve lay-offs often more than 10 per cent of staff and outsourcing, shifting operations to countries with low . . Proofpoint 2023 State of the Phish-rapport . Learn about the latest security threats and how to protect your people, data, and brand. Read how Proofpoint customers around the globe solve their most pressing cybersecurity challenges. Cost cutting, layoffs remain leading startup themes. CEO left because of frustrations with TB folks, talks of cost cuts, not laying off yet, but TB history got former CEO worried. The private equity firm has more than $103 billion in assets , https://news.crunchbase.com/cybersecurity/cybersecurity-abnormal-unicorn-proofpoint-insight-partners/, May 10, 2022 equity giant Thoma Bravo bought publicly traded Proofpoint for $12.3 billion. Verkada, Go to company page That number dropped to 1,007 by the end of the year. Gary Steele, Chairman and CEO of Proofpoint, said, We are excited about this next chapter in our companys journey. Proofpoint is well positioned to benefit from Thoma Bravos significant experience investing in software companies and overall approach to value creation. "Just got laid off after takeoverWhat should I do now? nekx83aaxs Thanks for this . Public company Forescout Technologies was taken private by Advent International with additional backing from Crosspoint Capital Partners. Last week, Instructure, home of Canvas LMS, went through a restructuring process which resulted in 100 full-time employees losing their jobs. In this wide-ranging interview, he also tells editorial director Craig Galbraith about . Thoma Bravo has agreed to spend around $12.3 billion on the acquisition. Then massive cost cutting, layoffs and likely a change in their executives. Proofpoint A number of project managers lost their jobs as well. How Does a Data Breach Take Place in an Organization? Thoma Bravo has made 63 acquisitions and 72 investments. It showed revenue growth of 15% in the first quarter of 2021; $288 million. There will be a layoff but there will be opportunities if youre good and you stay. . We believe that as cyber threats continue to evolve, Proofpoints people-centric security and compliance strategy along with its innovative product suite will allow Proofpoint to drive significant growth and offer protection to even more customers as a private company.. Can I Be Laid Off While On Workers Compensation? Proofpoint Announces CFO Transition. This list of organizations invested in by Thoma Bravo provides data on their funding history, investment activities, and acquisition trends. SUNNYVALE, Calif. and SAN FRANCISCO, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. ("Proofpoint), a leading cybersecurity and. It will be almost a year the aquisition was declared last April of Proofpoint . How did they handle unvested stock at acquisition? You have time but change will come within 1-2 years. Learn about our global consulting and services partners that deliver fully managed and integrated solutions. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as expect, anticipate, intend, plan, believe, could, seek, see, will, may, would, might, potentially, estimate, continue, expect, target, similar expressions or the negatives of these words or other comparable terminology that convey uncertainty of future events or outcomes. https://www.crn.com/slide-shows/security/10-things-to-know-about-the-thoma-bravo-proofpoint-deal-and-stock-hike, Apr 26, 2021 Heres a look at the fallout of Thoma Bravos record-breaking acquisition of Proofpoint , including why this deal is likely to kick off a , Mimecast Rejects Thoma Bravo, Proofpoint Buyout Offer: Report, Jan 14, 2022 Mimecast rejected Proofpoint /Thoma Bravo buyout offer because of potential The company confirmed targeted layoffs in February 2021, , https://www.theinformation.com/articles/musk-s-super-bad-feeling-an-amazon-exec-ships-out. Everyone I knew was just recruiting all the time. Proofpoint common stock has ceased trading and is no longer listed on the Nasdaq stock exchange. Thoma Bravo Lacks Options with Proofpoint, Apr 28, 2021 Employees are faced with layoffs , years of stalled product innovation and the imposition of cost-saving measures. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Proofpoint has become the latest sizable tech vendor to succumb to private equity after Thoma Bravo succeeded in its $12.3bn grasp for the infosec giant. Learn about how we handle data and make commitments to privacy and other regulations. (Bloomberg) -- Thoma Bravo, the software-focused buyout firm, agreed to acquire cybersecurity and compliance firm Proofpoint Inc. in a deal it said values the business at about $12.3 billion.The private equity firm is offering $176 per share in cash, representing a 34% premium to Proofpoint's Friday closing price, according to a statement Monday. Proofpoint also disclosed Q1 2021 financial results today. If youre at a company that is being acquired, start dusting off your resume and leave. 4 days ago Equity is a TechCrunch podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. When private equity shows up to a deal, it usually spells disaster for everyone but the investors. Become a channel partner. Learn about this growing threat and stop attacks by securing todays top ransomware vector: email. Shareholders are set to get $176 per share in cash, 34 per cent more than Proofpoint's closing share price on 23 April, according to bid details. Thoma Bravo is paying $176 per share, for a 34% premium to the closing share price before the announcement. It was formed when Raytheon, the defense contractor, attempted to move into the cybersecurity realm by acquiring Websense. Connect with us at events to learn how to protect your people and data from everevolving threats. Former Profit 21 (now Epicor) CEO Chuck Boyle said about the firm after his own acquisition, Orlando would help not only at the highest level with strategy but also when we got grunt work done. Boyle is no longer the CEO. Access the full range of Proofpoint support services. When private equity shows up to a deal, it usually spells disaster for everyone but the investors. Mimecast Email Security Business Background, Challenges Anaplan, Go to company page Lets see how many more , Yes, Thoma Bravo is Brutal. Significant , https://www.teamblind.com/post/proofpointmedallia-outcome-of-thoma-bravo-purchase-YdfZ7Lkk, Mar 22, 2022 Fortunately, no layoffs , no reduction in force as of now. People may receive compensation for some links to products and services on this website. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion in cash. At face value, fair enough. Protect your people from email and cloud threats with an intelligent and holistic approach. #tech #acquisition #proofpoint #medallia #anaplan #thomabravo, Go to company page All Rights Reserved. Forcepoint journey has taken a long and winding road. I was also worried after reading about Thoma Bravo history with what they did with some of the companies they bought. Thoma Bravo Lacks Options with Proofpoint Security Boulevard, Does Thoma Bravo Lay Off People? It had 281 employees at the time, and was down 50 by the close of 2020. He has held leadership roles at PwC, Webroot Software, Fortinet, and Blancco Technology Group. Cautionary Note Regarding Forward-Looking Statements. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. Proofpoint SUNNYVALE, Calif. Proofpoint, Inc., a leading cybersecurity and compliance company, today announced that Rmi Thomas has been appointed as chief financial officer, effective immediately. These and other forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Save my name, email, and website in this browser for the next time I comment. Proofpoint is traded publicly on the Nasdaq exchange and as . All forward-looking statements by their nature address matters that involve risks and uncertainties, many of which are beyond our control, and are not guarantees of future results, such as statements about the anticipated benefits of the transaction.
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