Intelligent Tech Channels Issue 88 | Page 62

MARKET MOVEMENT
Proofpoint enters definitive agreement to acquire Hornetsecurity Group

Proofpoint, a cybersecurity and compliance company, announced it has entered into a definitive agreement to acquire Hornetsecurity Group, a pan- European provider of AI-powered Microsoft 365, security, data protection, compliance, and security awareness services.

The acquisition significantly enhances Proofpoint’ s ability to provide humancentric security to small and mid-sized businesses, SMBs globally through managed service providers, MSPs, further enabling all organisations to protect their people and defend their data. By combining Proofpoint’ s global leadership with Hornetsecurity’ s deep expertise in the MSP ecosystem, the two companies will advance their shared mission to protect organisations of all sizes and the people behind them.
Hornetsecurity brings a high-performing business into the Proofpoint portfolio with over $ 160 million in annual recurring revenue, ARR, more than 20 % year-over-year growth, and performance above the Rule of 60 – an indicator of healthy market demand and exceptional business operations at scale.
Hornetsecurity and Proofpoint deliver world-class solutions servicing distinct segments of the market; Hornetsecurity provides solutions to over 12,000 channel partners and MSPs and more than 125,000 SMBs across Europe, while Proofpoint has established itself as a global provider in enterprise-grade security, trusted by 85 % of the Fortune 100 and over half of the Fortune 1000.
Together, the companies will deliver complementary, purpose-built platforms
Sumit Dhawan, Proofpoint
fuelled by shared threat intelligence to serve every customer across the globe with a powerful new standard in humancentric security.
“ As attackers grow more sophisticated and people remain the primary target, organisations need security that protects them wherever they work, across email, cloud applications, and every digital channel,” said Sumit Dhawan, CEO of Proofpoint.
With M365 at the centre of how many businesses operate, it has also become a top target for attackers.
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Qlik announces close of investment led by Abu Dhabi Investment Authority and Thoma Bravo

Qlik, a global provider in data integration, data quality, analytics, and AI, announced the close of a previously disclosed significant minority investment led by a wholly owned subsidiary of the Abu Dhabi Investment Authority, ADIA. As part of the transaction, Thoma Bravo, a software investment firm, remains Qlik’ s majority owner and has made a new equity investment alongside ADIA.

A select group of institutional investors have also co-invested. The transaction, originally signed in November 2024, has now received all necessary regulatory approvals.
Qlik helps organisations move from AI ambition to execution by turning raw data into trusted insights and proactive decisions. Through a unified platform that integrates data, analytics, and governance, Qlik provides the foundation enterprises need to scale AI initiatives with confidence. Across industries, customers rely on Qlik to stay agile in the face of market shifts, global disruptions, and unexpected challenges.
“ Support from Thoma Bravo and a long-term investor like ADIA reinforces the strength of our strategy and the results we’ re delivering,” said Mike Capone, CEO of Qlik.“ In a market full of AI ambition, Qlik stands out for execution, helping enterprises move fast, act with trust, and turn data into confident decisions. This investment enables us to stay focused and scale that impact.”
“ Qlik has consistently executed against one of the most important challenges facing modern enterprises: turning data and AI into real business outcomes,” said Seth Boro, a Managing Partner at Thoma Bravo.
Building on its recent acquisition of Upsolver and its advancements in agentic AI solutions and conversational analytics, Qlik continues to expand its unified platform for trusted, scalable AI.
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