proofpoint stock price history

Is proofpoint a good stock to buy?

The consensus among Wall Street equities research analysts is that investors should "hold" Proofpoint stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFPT, but not buy additional shares or sell existing shares.

What happened to Proofpoint?

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 compliance company, today announced the completion of Thoma Bravo's acquisition of Proofpoint for approximately $12.3 billion in cash.

What is proofpoint worth?

In 2021 Proofpoint was acquired by Thoma Bravo, a leading private equity software investing firm, in a transaction that valued Proofpoint at $12.3 billion.

Who bought out Proofpoint?

Thoma BravoSUNNYVALE, Calif. and SAN FRANCISCO, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (“Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravo's acquisition of Proofpoint for approximately $12.3 billion in cash.

Is Proofpoint going private?

Email security heavyweight Proofpoint has announced its acquisition, for $12.3bn, by Thoma Bravo, the private equity firm that is among the most active in the cybersecurity market.

Why is Proofpoint better?

Securing the biggest and best in business “Proofpoint not only blocked all of the email-based attacks, bulk mail, and spam coming to our employees and agents; it also stopped criminals from hijacking our company name. That kind of security—protecting our brand—is priceless.”

How many customers does Proofpoint have?

Proofpoint now counts 2,900 customers with three or more products, up 45% from the year-ago level. Proofpoint's 2019 revenue guidance range of $870 million to $874 million represents growth of 21.6% at the midpoint.

When did Proofpoint go private?

In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion....Proofpoint, Inc.Proofpoint Headquarters located in Sunnyvale California.IndustrySecurity softwareFounded2002HeadquartersSunnyvale, California , U.S.14 more rows

Why did Thoma Bravo buy Proofpoint?

Proofpoint is well positioned to benefit from Thoma Bravo's significant experience investing in software companies and overall approach to value creation. We look forward to building on our offerings to continue preventing, defending and responding to both today's and tomorrow's cybersecurity threats.

When did Proofpoint go private?

In 2021, Proofpoint was acquired by private equity firm Thoma Bravo for $12.3 billion....Proofpoint, Inc.Proofpoint Headquarters located in Sunnyvale California.IndustrySecurity softwareFounded2002HeadquartersSunnyvale, California , U.S.14 more rows

Is mimecast better than Proofpoint?

Mimecast has the edge over Proofpoint Essentials in a few areas. For enterprise customers, it's the clear choice, with some advanced features like allowing complex routing scenarios and more granular content filtering policies. It has some unique features, such as support for Large File Sharing.

Is Proofpoint a good company to work for?

Great management and Fair Compensation Proofpoint is a good company to work for and has solid management team. The management team demonstrates extraordinary care for its teams and employees. The compensation is fair and you are rewarded for the hard work you put in.

About Proofpoint

Golden Star Signal

Proofpoint, Inc. provides threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions worldwide.

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