Mobile

11/27/2017
11:24 AM
50%
50%

Thoma Bravo to Acquire Barracuda Networks for $1.6 billion

The cloud email security and management company accepts buyout offer as a means to accelerate its growth.

Barracuda Networks accepted a $1.6 billion all-cash buyout offer from private equity firm Thoma Bravo, the company announced Monday.

"We believe the proposed transaction offers an opportunity for us to accelerate our growth with our industry-leading security platform that's purpose-built for highly distributed, diverse cloud and hybrid environments," BJ Jenkins, Barracuda CEO, said in a statement, noting that Thoma Bravo has a history of investing in growing security companies.

Barracuda will continue to focus on email security and management, network and application security, as well as data protection in the cloud and under hybrid on-premise and hosted environments.

The deal is expected to close by Feb. 28, according to Barracuda.

Read more about the Barracuda deal here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
'Hidden Tunnels' Help Hackers Launch Financial Services Attacks
Kelly Sheridan, Staff Editor, Dark Reading,  6/20/2018
Inside a SamSam Ransomware Attack
Ajit Sancheti, CEO and Co-Founder, Preempt,  6/20/2018
Tesla Employee Steals, Sabotages Company Data
Jai Vijayan, Freelance writer,  6/19/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-12697
PUBLISHED: 2018-06-23
A NULL pointer dereference (aka SEGV on unknown address 0x000000000000) was discovered in work_stuff_copy_to_from in cplus-dem.c in GNU libiberty, as distributed in GNU Binutils 2.30. This can occur during execution of objdump.
CVE-2018-12698
PUBLISHED: 2018-06-23
demangle_template in cplus-dem.c in GNU libiberty, as distributed in GNU Binutils 2.30, allows attackers to trigger excessive memory consumption (aka OOM) during the "Create an array for saving the template argument values" XNEWVEC call. This can occur during execution of objdump.
CVE-2018-12699
PUBLISHED: 2018-06-23
finish_stab in stabs.c in GNU Binutils 2.30 allows attackers to cause a denial of service (heap-based buffer overflow) or possibly have unspecified other impact, as demonstrated by an out-of-bounds write of 8 bytes. This can occur during execution of objdump.
CVE-2018-12700
PUBLISHED: 2018-06-23
A Stack Exhaustion issue was discovered in debug_write_type in debug.c in GNU Binutils 2.30 because of DEBUG_KIND_INDIRECT infinite recursion.
CVE-2018-11560
PUBLISHED: 2018-06-23
The webService binary on Insteon HD IP Camera White 2864-222 devices has a stack-based Buffer Overflow leading to Control-Flow Hijacking via a crafted usr key, as demonstrated by a long remoteIp parameter to cgi-bin/CGIProxy.fcgi on port 34100.