Proofpoint, backed by Thoma Bravo, will acquire Varonis in an all-cash deal valued at $6.3 billion, paying $49.75 per share, a 52% premium over Varonis' stock price before sale rumors. The merger will combine their cybersecurity strengths to serve over 16,000 enterprises globally, focusing on protecting AI-driven data and mitigating AI-related risks. The deal, expected to close in early 2027 pending approvals, will make Varonis a private company and aims to accelerate development of a unified security platform for AI adoption. This strategic move positions the combined company as a major player in the evolving cybersecurity landscape amid increasing AI threats.
Proofpoint's acquisition of Varonis is valued at $6.3 billion. For readers following the US technology sector, here is Pluang's market snapshot as of Oct 16, 2026 03:01 WIB: Among 150 priced technology stocks, 103 rose and 46 fell. Notable movers include Rigetti Computing Inc (RGTI) with a price of USD 12.54 and a 1-day change of +7.36%, Roblox Corp (RBLX) at USD 50.92 with a +7.11% change, and Duolingo Inc (DUOL) at USD 149.61 with a +7.07% change. Pluang order activity shows RGTI with 77% Sell, RBLX with 90% Buy, and DUOL with 73% Buy, with typical hold times ranging from 36 to 138 days.
Regions Financial is set to report its Q3 2026 earnings with expected EPS around $0.66 and revenue near $2 billion. The bank anticipates a 2% rise in net interest income and a 2.2% increase in fee income, but expects a 12.3% drop in capital markets r...
Pepeto's latest presale stage is close to selling out, raising $10.845 million with three products live and a Binance listing expected. This surge coincides with XRP maintaining its $1.30-$1.43 range and a bold $315 price prediction fueled by strong ...
Prologis reported Q3 2026 revenue of $2.39 billion and core FFO of $1.60 per share, surpassing analyst estimates due to high demand from e-commerce, manufacturing, and data centers. Leasing activity remained robust with 95.6% occupancy and 60 million...
HDFC Bank is set to announce its quarterly earnings on October 17, 2026, with analysts expecting $0.40 earnings per share and $4.92 billion in revenue. The bank's valuation shows a trailing earnings multiple of 14.45x and a debt-to-equity ratio of 0....
Kohl's Chief Legal and Corporate Affairs Officer Jennifer J. Kent sold 18,352 shares for $403,744 on October 15, 2026, reducing her stake to 211,512 shares. Market opinions on Kohl's stock are divided, with some analysts expecting a decline while oth...
