Proofpoint to buy Varonis in $6.3 billion deal

Thoma Bravo-backed Proofpoint agreed to acquire Varonis in a deal valued at about $6.3 billion. The combined company would pair email, collaboration and data security into a broader cybersecurity platform as AI agents and rising customer demand drive industry consolidation.

• Deal value is about $6.3 billion
• Proofpoint is backed by Thoma Bravo
• Combined platform covers email, collaboration and data security
• AI agents and rising demand are driving consolidation