Menu
Spotlight on security as $2.4 billion Blue Coat buy-out finalises

Spotlight on security as $2.4 billion Blue Coat buy-out finalises

“We are excited to help Blue Coat further grow the business and potentially return to the public markets.”

Enterprise security solutions provider Blue Coat Systems has announced the completion of its previously reported acquisition by funds advised by Bain Capital, a leading private investment firms.

Acquiring the company from Thoma Bravo, LLC, Bain Capital completed the all-cash transaction which has been valued at approximately US$2.4 billion.

“Blue Coat is a leader in the enterprise security market with its innovative product portfolio and 80 percent of the Fortune 500 as customers who entrust Blue Coat to help protect their networks,” says David Humphrey, Managing Director, Bain Capital.

“We are excited to help Blue Coat further grow the business and potentially return to the public markets.”

Humphrey says Blue Coat offers an integrated portfolio of security products to combat today’s advanced threats with solutions that have become the de facto standard for much of the Fortune Global 500.

Backing the strength of its solutions, Blue Coat also has the largest global cloud security infrastructure, which integrates with its on premise solutions to offer hybrid defence, anytime, anywhere.

Furthermore, the company has also increased market share and expanded its global leadership position in cybersecurity to encompass web protection, advanced threat defence, encrypted traffic management, incident response and forensics.

“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,” says Gregory S. Clark, CEO, Blue Coat Systems.

“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.”


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Bain CapitalsecurityBlue Coat Systems

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Show Comments