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Announced

Completed

Zscaler completed the acquisition of Trustdome for $50m.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Acquisition

Israel

cybersecurity

Majority

IT Services: Other

Friendly

Completed

Single Bidder

Synopsis

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Zscaler, a cloud security company, completed the acquisition of Trustdome, a computer and network company that specializes in cybersecurity, for $50m. “We are extending our vision for Zscaler Cloud Protection to help customers securely embrace public cloud platforms and services in today’s cloud-first world. The addition of Trustdome’s team and innovations in CIEM will strengthen our Cloud Protection portfolio by enforcing least privilege principles across multi-cloud environments while giving DevOps the freedom to innovate. I am very excited to welcome the Trustdome team to the Zscaler family, and look forward to growing Zscaler’s R&D presence in Israel," Jay Chaudhry, Zscaler CEO, Chairman and Founder.

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