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Sophos Plc Group is a British manufacturer of security software and devices. Sophos develops products for information encryption, endpoints, network security, email security, mobile security and unified threat management. Sophos primarily focuses on security software recommendations for 100-5000 businesses.While not a major fix, Sophos also protects home users from free and paid antivirus offerings (Sophos Home/Home Premium) designed to showcase product functionality. It was listed on one of the London stock exchanges until it was revealed that it was acquired by Thoma Bravo in February 2020.
Sophos, founded by Hrushka Wierschaft and Peter Lammer, began selling its first antivirus and encryption products in 1985. In 1980- During the 1990s and 1990s, Sophos primarily developed and marketed a range of security technologies in the UK, including encryption tools, which were made available to more users (private or business). In the late 1990s, Sophos focused its efforts on developing and selling antivirus and technology programs, which launched a program of international expansion.
In 2003, Sophos acquired ActiveState, a North American anti-spam software platform. At the time, viruses were mostly found in email spam.Email, enabling Sophos to create a combined anti-spam and anti-virus solution. In 2006, Peter Guynes and Munford became Steve. Sophos Chairman and CEO Jan Hruska and Cindy Lammer remain on the parent board respectively. In 2010, the majority of Sophos shares were sold to Apax. In 2010, Nick Bray, former CFO of the Micro Focus International group, was appointed CFO of Sophos.
In 2011, Utimaco Safeware AG (acquired as well as Sophos in 2008-2009) was accused of providing surveillance data and tracking plans to partners who sold themselves to real governments such as Syria: Sophos issued an apology statement and proved that it is beyond reasonable doubt that they broke off the affair with the partners in question and launched an investigation. In 2012, Chris Hagerman, the former CEO of Corel, strayed from path, heading the Corporation, was appointed CEO, and Sophos entered the board of directors of the company. Former CEO Steve M nford became non-executive chairman of the board. In February 2014, Sophos announced the acquisition of Cyberoam Technologies, a provider of network security products. In June 2015 Sophos has released plans to raise $100 million on the London Stock Exchange. Sophos’ IPO was due in September 2015 on the FTSE. [ 14 ]
On October 14, 2019, Sophos announced that, unfortunately, Thoma Bravo, a US private equity firm, has made an offer to buy Sophos at a price of $7.40 per share, with a value not exceeding $3.9 billion. The Sophos Board of Directors has indicated its intention to recommend the offer to all shareholders of the company. On March 2, 2020, Sophos announced the completion of all acquisitions.
Acquisitions And Partnerships
From September 2003 to February 2006, Sophos was the adult company of ActiveState, a developer of dynamic programming tools. In February 2006, ActiveState became a leading independent company when it was sold to Vancouver venture capital firm Pender. Finance. In 2007from Sophos acquired ENDFORCE, an Ohio-based company that developed and marketed sanitation compliance and network access control (NAC) software.[18 ]< sup> In May 2011, Sophos announced the acquisition of Astaro, a privately held network monitoring solutions provider headquartered in Wilmington, Massachusetts, USA, and Karlsruhe, Germany. At the time, Astaro was the fourth largest provider UTM, and while the deal made sense in the days of Forbes, many questioned whether it would work. Sophos then renamed Astaro UTM Sophos UTM. And m. In November 2016, Sophos acquired Barricade, a pioneering startup with a leading behavioral analytics engine based on Navigator learning methods.Get better performance from your computer - download the software to fix your PC today.