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 newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Blue Coat SystemsBain Capital

Featured

Slideshows

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA

Reseller News has honoured the leading female front runners of the New Zealand ICT industry at the 2019 Women in ICT Awards (WIICTA) in Auckland. The awards recognised standout individuals across six categories, spanning Entrepreneur, Rising Star, Shining Star, Community, Technical and Achievement. Photos by Gino Demeer.

Leading female front runners of the Kiwi ICT industry honoured at 2019 WIICTA
Reseller News kicks off awards season in 2019 with Judges' Lunch

Reseller News kicks off awards season in 2019 with Judges' Lunch

The 2019 Reseller News Innovation Awards has kicked off with the Judges Lunch in Auckland with 70 judges in the voting panel. The awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors. Photos by Christine Wong.

Reseller News kicks off awards season in 2019 with Judges' Lunch
Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Show Comments