Forcepoint said on Monday buyout firm TPG would purchase its government cybersecurity business from parent Francisco Partners.
The deal's financial terms were not disclosed. The deal was for $2.45 billion, the Wall Street Journal had reported over the weekend, citing people familiar with the matter.The unit, Forcepoint Global Governments and Critical Infrastructure , is focused on critical infrastructure for U.S. government and federal agencies.
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TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion - WSJBuyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with the matter.TPG is acquiring Forcepoint's government cybersecurity business, known as Forcepoint Global Governments an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion - WSJBuyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with the matter.TPG is acquiring Forcepoint's government cybersecurity business, known as Forcepoint Global Governments an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »