Thoma Bravo Closes $2.4 Billion Deal for Ping Identity

private equity company Thomas Bravo Acquire the identity security platform Bing identity for approximately $2.4 billion, and expanding further into the cybersecurity sector following the acquisition of Sophos, Proofpoint, and Sailpoint Technologies. The transaction values ​​Ping Identity shares at $28.50, a 63% premium over the August 2 closing price, according to an announcement Wednesday (August …

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