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CyberArk makes bold move with $1.54 billion acquisition of Venafi

The Israeli company is purchasing the machine identity management company from Thoma Bravo as it looks to combine Venafi’s expertise with its identity security capabilities CyberArk said on Monday it will acquire cybersecurity firm Venafi from equity firm Thoma Bravo in a deal valued at around $1.54 billion.The firm will acquire Venafi in a combination of $1 billion in cash and around $540 million in stock, and expects the deal to close in the second half of 2024.CyberArk has seen its share pric...

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