The facts
Varonis shareholders would receive US$49.75 in cash for each share. The agreement is an announced acquisition, not a completed takeover. [1][2]
Varonis’ board unanimously approved the deal. Completion still requires shareholder and regulatory approvals and satisfaction of other closing conditions. [1][2]
The companies say they will operate separately until closing. Varonis would then become private and its shares would leave Nasdaq. [1]
Proofpoint’s owner, Thoma Bravo, committed equity and debt financing. Ontario Teachers’ Pension Plan is investing in Proofpoint as part of the transaction. [1]
Still unconfirmed
- The checked sources do not establish that the approvals or closing have occurred.
Sources
References support the numbered facts above. Source checks: 29 Oct 2026, 13:55 UTC.
- Proofpoint to acquire Varonis, creating a global leader in data and AI security
Proofpoint and Varonis · Primary source · 15 Oct 2026
Joint transaction announcement; promotional leadership claims are not adopted as fact.
- Proofpoint inks US$6.3 billion all-cash deal to acquire Varonis
SecurityWeek · Reporting · 16 Oct 2026
Independent security-industry reporting. This catch-up article retains the original agreement date.