Proofpoint to Buy Varonis for $6.3 Billion in Bet on Data and AI Security
Proofpoint has agreed to acquire Varonis Systems in an all-cash transaction valued at about 6.3 billion dollars, the companies announced on October 15, 2026. The definitive agreement brings together Proofpoint, a specialist in protecting people and AI agents against cyber threats, with Varonis, a Miami-based firm focused on data and AI security. Proofpoint is a portfolio company of private equity firm Thoma Bravo.