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New Deal


Announced

Coro to acquire Privatise.

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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Israel

network security

Software

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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Coro, an all-in-one platform that protects the cloud from unauthorized access, prevents data leakage, and mitigates cloud threats, agreed to acquire Privatise, a provider of one click network security for distributed & remote work and requires no hardware or firewall setup. Financial terms were not disclosed. “Since its founding, Coro has focused on delivering a comprehensive, yet affordable and easy to use cybersecurity solution for mid-market companies. By integrating Privatise’s SASE capabilities into our platform, we offer the industry’s first mid-market solution to deliver cloud-native, seamless and secure access to applications and resources regardless of location or device. We will continue to invest in Coro’s platform, both organically and through acquisition, to help companies strengthen their security posture and improve their operational efficiency,” Guy Moskowitz, Coro CEO.

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