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New Deal


Announced

Completed

Claroty completed the acquisition of Medigate.

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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United States

Majority

Private

Friendly

Healthcare IoT security platform

Health Care Services

Acquisition

Domestic

Completed

Single Bidder

Synopsis

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Claroty, a security company for cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments, completed the acquisition of Medigate, a leading healthcare IoT security company. Financial terms were not disclosed. "Highly interconnected CPS have become pervasive in industrial and healthcare environments in recent years in order to drive innovation, resilience, sustainability, and better health outcomes. However, greater connectivity begets greater exposure to risks, with serious consequences for patient safety, public safety, and the environment." Yaniv Vardi, Claroty CEO.

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