Mergers & AcquisitionsMedium•15 October 2026•
1 min read
Proofpoint to Acquire Varonis Systems in $49.75 Per Share Cash Deal
Key Facts
1Proofpoint has agreed to acquire Varonis Systems in an all-cash deal valued at $49.75 per share.
Proofpoint has agreed to acquire Varonis Systems in an all-cash deal valued at $49.75 per share. SeekingAlpha reported that Varonis Systems shares rose following the announcement, which serves as a strategic move in the cybersecurity sector to provide shareholders with a cash exit at a specified premium.
VRNS closed at $47.06 on October 14, 2026, having traded between a day high of $48.57 and a day low of $46.26 during that session. The acquisition agreement for the mid-cap technology firm typically drives the stock price toward the $49.75 offer price.