Security Watch: Blue Coat acquired for US$2.4B

Blue Coat Systems has been acquired by Bain Capital Thoma Bravo, LLC, in an all-cash transaction valued at approximately US$2.4 billion.

Blue Coat offers an integrated portfolio of security products used by about 80% of the Fortune Global 500. They also offer global cloud security infrastructure, which integrates with its on premise solutions to offer hybrid defence. The company has increased market share over recent years.

“Blue Coat has strengthened and expanded our product portfolio, leading to more value for our customers while positioning the company for the next stage of growth in partnership with Bain Capital,” said Gregory S. Clark, Chief Executive Officer, Blue Coat Systems, Inc. “We have benefitted from Thoma Bravo’s insight and support and look forward to continued progress and innovation with the help of Bain Capital as we build the business to become one of the top performing security companies in the world.”

David Humphrey, a Managing Director at Bain Capital says “Blue Coat is a leader in the enterprise security market with its innovative product. We are excited to help Blue Coat further grow the business and potentially return to the public markets”.

Got a question or suggestion?

Tweet about it to us @janecdoherty1 and @CSO_Australia


Join the CSO newsletter!

Error: Please check your email address.

Tags Bain CapitalIT updatessecurity productsIT Newsblue coatacquisition#CSOAustraliaIT SecurityCSO AustraliaSecurity Watch

More about Blue Coat SystemsCSOInc.

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Anthony Caruana

Latest Videos

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

  • 150x50

    IDG Live Webinar:The right collaboration strategy will help your business take flight

    Speakers - Mike Harris, Engineering Services Manager, Jetstar - Christopher Johnson, IT Director APAC, 20th Century Fox - Brent Maxwell, Director of Information Systems, THE ICONIC - IDG MC/Moderator Anthony Caruana

    Play Video

More videos

Blog Posts