Quick wins for a faster PC:
Scan for outdated or missing drivers - takes under a minuteDriver Scan →Clear out junk files and repair common Windows errorsFree Scan →Proofpoint’s proposed $225 million purchase of Wombat Security is a completed 2018 acquisition, not a pending deal. Proofpoint announced the agreement on February 6, 2018, and completed it on February 28. Wombat became a wholly owned Proofpoint subsidiary.
What happened in the Wombat Security acquisition?
Proofpoint announced a definitive agreement on February 6, 2018, to acquire Wombat Security Technologies for approximately $225 million in cash. The merger agreement had been signed on February 2, according to the related SEC filing. Proofpoint completed the acquisition on February 28 and announced the completion on March 1.
As an Amazon Associate I earn from qualifying purchases.
| Event | Date | What it means |
|---|---|---|
| Merger agreement | February 2, 2018 | Proofpoint and Wombat entered into the agreement, as described in the SEC filing. |
| Public announcement | February 6, 2018 | Proofpoint announced the proposed acquisition and approximate cash consideration. |
| Closing | February 28, 2018 | The merger was completed; Wombat became a wholly owned Proofpoint subsidiary. |
| Completion announcement | March 1, 2018 | Proofpoint publicly reported that the acquisition had closed. |
The February 6 announcement gives the headline amount as approximately $225 million in cash. It should not be read as a definitive net amount paid after all adjustments: the merger agreement included customary purchase-price adjustments and post-closing indemnification provisions.
Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Clear out junk files and repair common Windows errors3Scan for outdated or missing drivers - takes under a minuteWhy did Proofpoint buy Wombat?
Proofpoint said the acquisition would pair its advanced threat protection and intelligence with Wombat’s phishing simulations and computer-based security-awareness training. Wombat’s PhishAlarm product let employees report suspected phishing messages. In its March 1 completion announcement, Proofpoint said data from PhishAlarm reports beyond its own customer base could expand visibility into phishing campaigns and inform its Nexus platform.
#1 Best Overall
That is the buyer’s stated strategic rationale, not proof of a particular outcome. The announcement and closing materials do not establish long-term integration results, independent training effectiveness, or how products are packaged or sold today.
When announcing the deal, Proofpoint CEO Gary Steele said: “Because threat actors target employees as the weakest link, companies need to continuously train employees and arm them with real-time threat data.” The statement reflects Steele’s rationale for the acquisition in February 2018; it is not independent evidence about employee risk or the deal’s results.
What did the $225 million figure include?
Proofpoint described the consideration as approximately $225 million in cash. The SEC’s completion filing explains that the amount was subject to customary adjustments relating to indebtedness, cash, transaction expenses, and net working capital, as well as certain post-closing indemnification obligations. A separate SEC filing said approximately 10% of the consideration would be held in escrow for specified indemnification obligations.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
The 10% figure describes the escrow arrangement in the 2018 filing; it does not mean that the announced purchase price was reduced by 10%. The filings document contractual mechanics, while Proofpoint’s public announcement supplies the approximate headline amount.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the acquisition means for readers now
This is a historical corporate transaction rather than a current offer, consumer purchase, or investment recommendation. The available transaction announcements and filings establish the deal’s price framing, closing date, subsidiary structure, and stated product rationale. They do not establish current Proofpoint product names, packaging, availability, or customer terms.
Quick Recap
Best Value
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
