Search results for Proofpoint
AI & Enterprise
Security industry core products see generational shift as AI-native push accelerates
Security companies in South Korea and abroad are moving to strengthen AI-based security product lineups to counter threats tied to the spread of AI. CrowdStrike added AI agent identity functions, parallel investigations and malicious open-source package blocking to its Falcon platform, and launched Falcon IQ. Cloudflare and Akamai introduced new security capabilities. Korean firms Pagonetworks and ITCEN Group unveiled new strategies and products, while more tools are being built on Nvidia open-source models.
AI & Enterprise
Security industry M&A accelerates amid AI spread as Palo Alto, Proofpoint step up acquisitions
Security industry consolidation is accelerating as the market reshapes around AI, with companies pursuing mergers and acquisitions. The Wall Street Journal reported that Proofpoint, owned by private equity firm Thoma Bravo, is in late-stage talks to buy cybersecurity firm Varonis Systems. Separately, Palo Alto Networks bought AI agent startup Console for $500 million in cash and stock and plans to integrate the technology into its Cortex security platform.
AI & Enterprise
Commvault reviews sale options after receiving bids
Data protection and recovery company Commvault is considering a sale after receiving multiple acquisition proposals, Reuters reported on April 14, citing sources. Commvault has hired Goldman Sachs as adviser and is reviewing its options. Private equity firms and strategic investors have shown interest, and Thoma Bravo has made an offer, the report said. Timing and size of bids were not disclosed. Commvault has a market value of about $3.5 billion.
