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Cybersecurity provider Absolute Software to be acquired for $657M
May 11, 2023, 9:03 p.m. | Maria Deutscher
Security – SiliconANGLE siliconangle.com
Absolute Software Corp., a publicly traded cybersecurity provider, today announced that it has agreed to be taken private by Crosspoint Capital Partners in a $657 million deal. Crosspoint is also absorbing the company’s $223 million debt. The acquisition values Absolute Software at $11.50 per share, a 34% premium to its Wednesday closing price. The deal […]
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