Malwarebytes Announces Acquisition of Leading Online Privacy Company Cyrus

Santa Clara, Calif. – August 24, 2023 – Malwarebytes, a global leader in real-time cyber protection, announced the acquisition of Cyrus, a disruptive innovator in online privacy solutions. This strategic acquisition reinforces Malwarebytes’ commitment to privacy by giving users more control over their information, no matter where or how they choose to browse and interact online. The Cyrus team and technology will also help Malwarebytes strengthen its mobile privacy solutions.

Vector Capital Completes Acquisition of Riverbed Technology

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations. In connection with the close of the transaction, Dave Donatelli has been named Chief Executive Officer, effective immediately. Dan Smoot, who previously served as CEO, will continue to support the Company on a transitional basis.

Riverbed Follows New Course in Vector Deal Flow

The recent purchase of Riverbed Technology LLC reflects a burgeoning niche for middle-market technology turnaround investor Vector Capital Management LP: buying companies from lenders who converted debt to equity through reorganizations.

Vector Capital to Acquire Riverbed Technology

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has agreed to acquire Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global corporations. Riverbed’s existing lenders will continue to support the Company by providing it with a new credit facility at closing. Terms of the transaction were not disclosed.

Mood Media Expands In-Store Solutions with Acquisition of Vibenomics, the Leading In-Store Ad Network Technology and Service Provider

AUSTIN, Texas, March 21, 2023 /PRNewswire/ -- Mood Media, the world's premiere on-premise experiential technology and media company, has acquired Vibenomics, the leading in-store digital advertising solution provider. Financial terms of the transaction were not disclosed.

Progress Completes Acquisition of MarkLogic

BURLINGTON, Mass., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced the completion of the acquisition of MarkLogic, a leader in complex data and semantic metadata management and a Vector Capital portfolio company. It is also another major milestone in Progress’ Total Growth Strategy.

Progress Announces Plans to Acquire MarkLogic

BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the trusted provider of application development and infrastructure software, today announced it has entered into a definitive agreement to acquire MarkLogic, a leader in managing complex data and metadata and a Vector Capital portfolio company. Upon closing of the planned transaction, MarkLogic is expected to enhance Progress’ commitment of delivering the best products to develop, deploy and manage high-impact applications by providing a unified enterprise-grade semantic data platform that empowers customers to derive value from complex data.

Vector Capital Completes $100 Million Investment in Malwarebytes

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced that it has successfully closed its previously announced $100 million minority investment in Malwarebytes, a global leader in real-time cyber protection.

Vector Capital's Plan for Maximizing Malwarebytes

Vector Capital Management LP recent investment in cybersecurity company Malwarebytes Inc. meets an important criteria for the sponsor.

“Our best investments have been ones where we partner with leaders who have a deep, emotional commitment to the business, whether it's management teams that would like to see the company do better but need help or whether it's founders who need operational assistance,” Vector Capital Managing Director David L. Fishman told The Deal in an interview about the investment and the technology sponsor's decades-long approach to cybersecurity.

Vector Capital to Invest $100 Million in Malwarebytes to Accelerate Growth of Consumer and Corporate Cybersecurity Businesses

SAN FRANCISCO--(BUSINESS WIRE)--Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it will make a strategic $100 million minority investment in Malwarebytes, a global leader in real-time cyberprotection. As part of the transaction, Vector Capital Managing Directors Sandy Gill and Dave Fishman will join the company’s Board of Directors.