Tag: Barracuda Networks

  • Security business Barracuda Networks acquired for $1.6 billion

    Private equity giant Thoma Bravo has agreed today to buy Barracuda Networks in a take-private deal that’s valued at $1.6 billion. The company was offered $27.55 per share, about 16% above Friday’s close. Though above Barracuda’s 52-week high, the price is down from the over $40 per share where the stock was trading in 2015. […]