Barracuda Acquires Fyde

KKR Acquires Barracuda Networks from Thoma Bravo

April 12, 2022

Cybersecurity

KKR's investment funds have agreed to acquire Barracuda Networks from Thoma Bravo, with the transaction intended to accelerate Barracuda's growth and expand its cloud-first cybersecurity capabilities. Financial terms were not disclosed; Barracuda — a provider of email, application, network and data protection serving over 200,000 customers — will implement KKR's employee ownership program and pursue expansion in areas such as MDR, XDR and SASE.

Barracuda Networks Acquires SKOUT Cybersecurity

July 1, 2021

Cybersecurity

Barracuda Networks has acquired SKOUT Cybersecurity, a Melville, New York-based provider of an XDR platform and 24x7 SOC services optimized for Managed Service Providers (MSPs). The deal, announced in July 2021 and completed July 13, 2021, expands Barracuda's MSP-focused security portfolio by adding SKOUT's XDR technology and managed detection-and-response capabilities; terms were not disclosed.

Barracuda Networks Acquires PhishLine

December 21, 2017

Cybersecurity

Barracuda Networks acquired PhishLine, a Waukesha, Wisconsin–based SaaS provider of social engineering simulation and security awareness training. The acquisition expands Barracuda’s email and security training capabilities by integrating PhishLine’s phishing simulation, analytics and training platform into Barracuda’s portfolio.

Fortinet Acquires OPAQ Networks

July 20, 2020

Cybersecurity

Fortinet has acquired OPAQ Networks, a Herndon, Virginia-based Secure Access Service Edge (SASE) cloud provider, to integrate OPAQ’s patented Zero Trust Network Access (ZTNA) architecture into Fortinet’s Security Fabric. The acquisition strengthens Fortinet’s SASE offering—bringing scalable cloud-native ZTNA, partner-friendly multi-tenant capabilities, and expanded cloud security functionality; financial terms were not disclosed.

SonicWall Acquires Banyan Security

December 26, 2023

Cybersecurity

SonicWall has acquired Banyan Security, a provider of security service edge (SSE) and zero-trust access solutions, in a deal completed December 26, 2023. The acquisition adds Banyan's cloud-native zero trust and ZTNA capabilities to SonicWall's portfolio to accelerate its SASE/SSE offerings and extend cloud-based secure access for customers and partners.

Broadway Technology Acquires Barracuda FX

April 3, 2019

Software

Long Ridge-backed Broadway Technology has acquired Barracuda FX, an Irish provider of FX order management technology, to expand Broadway’s multi-asset trading and OMS capabilities. As part of the deal Barracuda FX leadership—CEO Kieran Fitzpatrick and COO Maurice Curran—will join Broadway to lead FX product and operations, accelerating product capability expansion and cross-selling to a combined client base that includes many of the world’s largest banks.