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New Deal


Announced

Lookout to acquire CipherCloud.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

United States

Software

Domestic

Majority

Pending

cloud-native security

Private

Friendly

Synopsis

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Lookout, a cybersecurity company, agreed to acquire CipherCloud, a cloud-native security company. Financial terms were not disclosed. The integration of CipherCloud and Lookout technologies will remove friction, increase usability and convenience, enable user freedom and reduce operational costs when compared to a collection of siloed point products. The integrated Lookout platform will empower a growing number of businesses to securely deliver mission-critical applications to users anywhere they want to work.

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