Private equity giant Thoma Bravo has agreed to buy Barracuda Networks in a take-private deal valued at $1.6 billion. The company was offered $27.55 per share, about 16% above Friday’s close. This is above Barracuda’s 52-week high, but it’s down from the over $40 share the stock was trading at in 2015. Barracuda went public in 2013. Campbell, California-based Barracuda,… Read More
from iFeeltech IT News Mix4 https://techcrunch.com/2017/11/27/security-business-barracuda-networks-acquired-for-1-6-billion/?ncid=rss
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