Proofpoint Plans to Buy Varonis For $6.3 Billion to Combat AI Risks

T2Covered by 1 source · first reported by PYMNTS at 16 Oct, 01:48 UTC

Proofpoint plans to acquire Varonis Systems for $6.3 billion to create what it said will be the largest data and artificial intelligence (AI) cybersecurity organization and a leading pure-play cybersecurity company. Proofpoint, a portfolio company of Thoma Bravo, is a provider of human and agent…