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New Deal


Announced

Completed

JFrog completed the acquisition of Vdoo for $300m.

Financials

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Transaction Value£215m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Majority

Software

Single Bidder

Cross Border

software development

Israel

Acquisition

Completed

Synopsis

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JFrog, a liquid software company, completed the acquisition of Vdoo, which has built an AI-based platform that can be used to detect and fix vulnerabilities in the software systems, for $300m. "We are excited to have Vdoo join the JFrog family. It is clear to us that the joint vision of changing the way software is being created, released, and updated to the edge will be our compass as we offer the market a binary-focused solution to secure their organization’s software assets. This move will amplify JFrog's current success with our security solution, JFrog Xray, and create the expectation that ‘fearless releases’ will be the experience for both Security and Development teams," Shlomi Ben Haim, JFrog CEO.

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