- Fortune
In the latest blow for the London Stock Exchange, U.S. private equity firm Thoma Bravo snaps up British cybersecurity star Darktrace for $5 billion
Darktrace’s board said that its success is not reflected in its current valuations as its shares are trading lower than those of its peers.
- Reuters
Thoma Bravo to buy UK's Darktrace for around $5.3 billion
LONDON (Reuters) -Private equity firm Thoma Bravo agreed to buy Britain's Darktrace for $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity company. The agreed offer of $7.75, or around 620 pence, per share represents a 44% premium to Darktrace's three-month average share price, Thoma Bravo said. Thoma Bravo partner Andrew Almeida said Darktrace was at the "very cutting edge" of cybersecurity.
- Insider Monkey
15 Biggest Software Companies in the UK
In this article, we will take a look at the 15 biggest software companies in the UK. If you want to skip our detailed analysis, you can go directly to 5 Biggest Software Companies in the UK. Hofy: A GroundBreaking Software Startup in the UK The United Kingdom is home to several groundbreaking software startups. […]
