Proofpoint strengthens position in MSP market with acquisition of Hornetsecurity
Briefly

Proofpoint has acquired Hornetsecurity, a German firm specializing in Microsoft 365 security, for approximately $1 billion. This strategic move allows Proofpoint to broaden its security offerings by integrating Hornetsecurity's solutions, which cater primarily to SMEs and Managed Service Providers (MSPs). With Hornetsecurity's Annual Recurring Revenue (ARR) at $160 million, the acquisition positions both companies to establish a robust defense against cyber threats. Hornetsecurity's focus on a unified experience for Microsoft 365 complements Proofpoint's enterprise-level solutions, while together they aim to enhance human-centric security via shared intelligence and advanced AI detection capabilities.
Proofpoint's acquisition of Hornetsecurity for $1 billion solidifies its strategy to enhance security services tailored for SMEs and Managed Service Providers.
By integrating Hornetsecurity's innovative platform with its own, Proofpoint intends to deliver a broader range of cybersecurity solutions, especially for the Microsoft 365 environment.
Read at Techzine Global
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