Proofpoint to acquire Israeli-founded Varonis in $6.3 billion all-cash deal
Proofpoint will acquire Varonis Systems in an all-cash transaction valued at approximately $6.3 billion. Announced October 15, 2026, the deal will take the Nasdaq-listed company private and provide Varonis shareholders $49.75 per share. This price represents a 52% premium over the stock's June closing price. Proofpoint, backed by private equity firm Thoma Bravo, intends to integrate Varonis to create a security platform protecting against AI-accelerated threats and data risks. The transaction is expected to close in the first half of 2027.
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- ✓ Proofpoint will acquire Varonis Systems in an all-cash deal valued at approximately $6.3 billion.
- ✓ Varonis shareholders will receive $49.75 per share.
- ✓ The purchase price is a 52% premium compared to the share price in June.
- ✓ The acquisition will take the publicly traded Varonis private.
What changed
Proofpoint announced a $6.3 billion all-cash agreement to acquire Varonis Systems.
Live updates
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Proofpoint to acquire Varonis in $6.3 billion all-cash deal
Proofpoint will acquire Varonis Systems in an all-cash transaction valued at approximately $6.3 billion. Announced October 15, 2026, the deal will take the Nasdaq-listed company private and provide Varonis shareholders $49.75 per share. This price represents a 52% premium over the stock's June closing price. Proofpoint, backed by private equity firm Thoma Bravo, intends to integrate Varonis to create a security platform protecting against AI-accelerated threats and data risks. The transaction is expected to close in the first half of 2027.
Why it matters
Varonis was founded in 2005 by Yaki Faitelson and Ohad Korkus and maintains an R&D hub in Herzliya. The acquisition merges Proofpoint's email security with Varonis's data security capabilities. This move responds to increasing demand for enterprise data protection driven by AI threats.
What is confirmed
- Proofpoint will acquire Varonis Systems in an all-cash deal valued at approximately $6.3 billion.
- Varonis shareholders will receive $49.75 per share.
- The purchase price is a 52% premium compared to the share price in June.
- The acquisition will take the publicly traded Varonis private.
- Private equity firm Thoma Bravo backs Proofpoint.
- The deal is expected to close in the first half of 2027.
- Varonis was founded in 2005 by Yaki Faitelson and Ohad Korkus.
- The acquisition was announced on October 15, 2026.
What to watch next
- Regulatory approval of the merger
- Official closing of the transaction in early 2027
confidence 100%Sources used for this update (15)
- CTech — Proofpoint to acquire Israeli-founded Varonis in $6.3 billion all-cash deal
- Reuters — Thoma Bravo's Proofpoint to buy Varonis Systems in $6.3 billion all-cash deal
- Proofpoint — Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
- WSJ — Proofpoint to Acquire Varonis in $6.3 Billion Cybersecurity Deal
- CRN — 5 Things To Know On Proofpoint’s $6.3B Acquisition Of Varonis
- The Times of Israel — Israeli cybersecurity firm Varonis Systems to be bought by Proofpoint in $6.3 billion deal
- StreetInsider — DA Davidson Downgrades Varonis Systems (VRNS) to Neutral
- CTech — Why Proofpoint is paying $6.3 billion for Israeli-founded Varonis
- vinnews.com — U.S. Cybersecurity Firm Proofpoint to Acquire Miami-Based, Israeli-Founded Varonis for $6.3 Billion | VINnews
- www.proofpoint.com — Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
- www.ynetnews.com — Proofpoint to acquire Israeli-founded Varonis for $6.3 billion - ynetglobal
- www.calcalistech.com — Proofpoint to acquire Israeli-founded Varonis in $6.3 billion ...
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