Blue Coat Systems, www.bluecoat.com, Sunnyvale, Calif., a provider of enterprise security solutions, has been acquired by private investment firm Bain Capital, www.baincapital.com, Boston, Mass. Bain Capital acquired Blue Coat from Thoma Bravo LLC in an all-cash transaction valued at approximately $2.4 billion.
Blue Coat offers an integrated portfolio of security products to combat today’s advanced threats with solutions that have become the de facto standard for much of the Fortune Global 500. Backing the strength of its solutions, Blue Coat also has a large global cloud security infrastructure, which integrates with its on-premise solutions to offer hybrid defense, anytime, anywhere. The company has increased market share and expanded its global leadership position in cybersecurity to encompass Web protection, advanced threat defense, encrypted traffic management, incident response, and forensics.
Blue Coat has strengthened and expanded its product portfolio, leading to more value for our customers while positioning the company for the next stage of growth in partnership with Bain Capital, says Gregory Clark, CEO, Blue Coat Systems. He continues, saying the company has benefitted from Thoma Bravo’s insight and support and looks forward to continued progress and innovation with the help of Bain Capital as it builds the business to become one of the top performing security companies in the world.
David Humphrey, managing director, Bain Capital, says it is excited to help Blue Coast further grow the business. This follow Bain Capital’s investment in other technology providers such as Viewpoint Construction Software, www.viewpoint.com, Portland, Ore.
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