Proofpoint Acquires Socialware for $9,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ef05ea1c-a0d0-4589-804e-c7ab5770c524
Date
11/4/2015
Company Name
Socialware
Mailing Address
6500 River Place Blvd. Austin, TX 78730 USA
Company Description
Socialware bridges the gap between the enterprise and social networks to transform the way that companies and their employees engage, connect and communicate with clients, partners and one another. Our solutions allow companies to integrate social around their processes, not the other way around.
Website
http://www.socialware.com
Transaction Type
M&A
Transaction Amount
$9,000,000
Transaction Round
Proceeds Purposes
M&A Terms
Proofpoint, Inc., (NASDAQ: PFPT), has acquired Socialware, a leading provider of social media compliance solutions, for approximately $9.0 million in caash.