🇬🇧 English, 16 October 2026, cybersecurity exit
Varonis Sold to Proofpoint for $6.3 Billion
Varonis' sale raises questions about the viability of older cybersecurity companies in a rapidly changing market
The acquisition by Proofpoint marks another major Israeli-founded cybersecurity exit, but it is difficult to describe the deal as a dream outcome.
Varonis has struggled to keep pace with the shift to cloud software and the rise of AI, and its exit raises questions about whether younger cybersecurity companies should pursue an IPO or sell while valuations are high.
The deal could reinforce a dilemma facing younger Israeli cybersecurity companies weighing whether to pursue an IPO or sell early for billions or tens of billions of dollars.