Thoma Bravo Completed Acquisition of Barracuda

Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by Storagenewsletter.com on 2018.02.13
Source URL: https://www.storagenewsletter.com/2018/02/13/thoma-bravo-completed-acquisition-of-barracuda/

Thoma Bravo, LLC., a private equity investment firm, completed its acquisition of Barracuda Networks, Inc., provider of cloud-enabled security and data protection solutions, in an all-cash transaction valued at $1.6 billion.

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Barracuda protects the networks, applications and data for more than 150,000 customers worldwide. Its security platform helps IT professionals simplify the way they purchase, deploy, manage and protect their workloads and applications across diverse and distributed networks. The company offers a product portfolio spanning email security and management, network and application security, and data protection solutions that can be deployed and centrally managed in cloud and hybrid environments.

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