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Slide #78. Proofpoint, Inc. — Armorize Technologies, Inc.
Proofpoint, Inc. (NASDAQ:PFPT)
Armorize Technologies, Inc.
Proofpoint, Inc., (NASDAQ: PFPT), a leading security-as-a-service provider, today announced that it has completed its acquisition of Armorize Technologies, Inc., a leading developer of cloud-based (SaaS) anti-malware products. On August 9, 2013, Proofpoint announced the signing of its definitive agreement to acquire Armorize.
Proofpoint is a security-as-a-service provider that enables organizations worldwide to defend, protect, archive and govern their data. Co.'s security-and compliance platform is comprised of an integrated suite of threat protection, information protection, and brand protection solutions, including email protection, threat protection, email authentication, data loss prevention, digital risk, web browser isolation, email encryption, archiving, phishing simulation and security awareness computer-based training. Co.'s platform services primarily consist of: threat detection, threat intel extraction, nexus threat graph, real-time detection, information classification and intelligent policy.
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Strong Buy (3.56 out of 4)
(ranked higher than approx. 67% of all stocks covered)
Based on Zacks ABR data;
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