VARONIS SYSTEMS INC has signed a big agreement to merge with Proofpoint, Inc.

Oct 15, 2026, 5:36 PM ETDealRead the original at SEC EDGAR

Good for VRNS

Varonis agreed to be acquired for $49.75 cash per share, and its board recommends approval. Shareholders still need to vote, and closing is expected in the first half of 2027, so the payment is not certain yet.

VRNS · Varonis Systems Inc.

AI read · Good for VRNS

The AI's read

The cash payment gives shareholders a stated amount if the sale closes, and Varonis's board recommends the deal. Shareholders still need to vote, and closing is expected in the first half of 2027, so the payment is not certain yet.

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