Absolute Software Acquires Data Security and DLP Assets from Palisade Systems

July 10, 2013

Absolute Software Corporation acquired data security and data loss prevention assets from Palisade Systems Inc.; terms were not disclosed. Bridgepoint Investment Banking served as sell-side advisor to Des Moines–based Palisade, which provides DLP and endpoint data protection solutions for healthcare, government, education and corporate customers.

Buyers
Absolute Software Corporation
Targets
Palisade Systems Inc.
Sellers
Palisade Systems Inc.
Industry
Cybersecurity
Location
Iowa, United States
Transaction Type
Divestiture

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