Darktrace agrees $5.3bn takeover by Thoma Bravo

Thoma Bravo to add Cambridge-based company to security software portfolio 20 months after first opening talks

clock • 2 min read
Darktrace agrees $5.3bn takeover by Thoma Bravo
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Darktrace agrees $5.3bn takeover by Thoma Bravo

Darktrace has agreed a $5.32 billion (£4.25 billion) acquisition by private equity firm Thoma Bravo. The cash acquisition equates to around $7.75 (£6.20) per share, and a 44% premium on the company’s average stock price over the past three months. It listed on the London Stock Exchange at £2.50 per share in 2021.

The Cambridge-based company's software uses self-learning AI to neutralise and automate responses to cyber threats, via its Darktrace ActiveAI Security Platform. It claims around 9,400 customers wo...

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