Skip to main content

In December 2021 Electric Marketing Celebrated 30 Years Of Trading. Find Out What Makes Our Marketing Data Stand Out 

Sophos accepts £3.1bn offer from Thoma Bravo

Fri, 25/10/2019

Sophos, a global leader in cloud-enabled cybersecurity, has accepted a $3.9bn (£3.1bn) offer from private equity firm Thoma Bravo. The news has seen Sophos shares jump 37% in line with the bid's terms. A FTSE 250 firm based in Abingdon, Sophos was instrumental in assisting the NHS and other businesses affected by the WannaCry ransomware attack in 2017. It floated at a value of £1bn in 2015, one of largest technology IPOs in the UK that year.