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Announced

Completed

Fidelis Cybersecurity completed the acquisition of CloudPassage.

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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Private

network management software

cloud security

United States

Single Bidder

Friendly

Majority

Acquisition

Domestic

Software

Completed

Synopsis

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Fidelis Cybersecurity, a provider of enterprise network security services designed to protect sensitive data, completed the acquisition of CloudPassage, a provider of cloud security and compliance platform. Financial terms were not disclosed. “The acquisition of CloudPassage extends our vision to unify endpoint, network, cloud and deception in a single platform so our customers can detect and respond to adversaries earlier in the attack lifecycle. Adding the CloudPassage team and technology raises the bar in Active XDR. Not only can our customers get out in front of adversaries across hybrid environments, but they can now increase the cost and complexity to the adversary by incorporating deception technology," Anup Ghosh, Fidelis CEO.

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