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Reuters

Thoma Bravo to buy SailPoint for $6.1 billion in cybersecurity push

(Reuters) -Private equity firm Thoma Bravo will acquire SailPoint Technologies for $6.12 billion, the cybersecurity firm said on Monday, in the latest deal that underscores the heightened interest in the security software market. In buying Austin, Texas-based SailPoint, Thoma Bravo will bolster its strength in the security-focused space, where it already has key investments in firms including Proofpoint Inc, Barracuda Networks and Sophos. Datto, a security solutions provider, has also been taken private in a $6.2 billion deal by investors led by Insight Partners on Monday.