http://www.reuters.com/article/2015/03/10/us-bluecoat-m-a-bain-idUSKBN0M615V20150310
BY GREG ROUMELIOTIS
Reuters.com
March 10, 2015
Bain Capital LLC will acquire Blue Coat Systems Inc from fellow private
equity firm Thoma Bravo LLC in a deal that the network security company
said on Tuesday would value it at about $2.4 billion, including debt.
The deal comes amid strong demand for cybersecurity technology following a
spate of high-profile breaches that have crippled businesses and rattled
conglomerates such as Sony Corp and Target Corp.
"This is a land-grab market opportunity, and private equity as well as
larger tech players, have a strong appetite for vendors that play in this
$15 to $20 billion market opportunity," said FBR Capital Markets analyst
Daniel Ives.
[...]
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