IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
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Bravo Bravo!
Cambridge-based Darktrace, a leading cybersecurity and AI company, has agreed a $5.3 billion sale to Thoma Bravo.
The company’s decision to leave the FTSE250 and go private is a blow to the UK but America’s gain after Thoma Bravo offered a 44% premium on its three-month share price. Cue round of applause and standing ovation! The pace of innovation in cybersecurity and threat detection is rising. Both parties clearly detect that this is a relationship with plenty of potential for future growth. There may well be trace elements of envy among Thoma Bravo’s peers.
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