Announced
Completed
Financials
Tags
Software
Friendly
cybersecurity
Private
Majority
antiviruses
Single Bidder
software development
Spain
Acquisition
Cross Border
Private Equity
Completed
Synopsis
WatchGuard Technologies, a provider of network security and intelligence, secure Wi-Fi and multi-factor authentication, completed the acquisition of Panda Security, a Spanish company that specializes in creating products for IT security. Financial terms were not disclosed. “The completed acquisition of Panda Security, and the subsequent integration of its portfolio into WatchGuard Cloud, represents a significant milestone for the company and will result in both immediate and long-term benefits for our customers and partners that will address common challenges with security complexity, rapidly changing network topologies, purchasing models, and more,” Prakash Panjwani, WatchGuard CEO.
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