WatchGuard Technologies Acquires Panda Security

June 2, 2020

WatchGuard Technologies has completed the acquisition of advanced endpoint protection provider Panda Security, making Panda a wholly owned subsidiary. The deal expands WatchGuard's security portfolio by integrating Panda's EPP and EDR capabilities into WatchGuard Cloud to offer consolidated network-to-endpoint protection for midmarket customers; as part of the transaction, Investing Profit Wisely (IPW) will join Vector Capital and Francisco Partners as shareholders in WatchGuard.

Buyers
WatchGuard Technologies, Francisco Partners, Vector Capital
Targets
Panda Security
Sellers
Investing Profit Wisely (IPW)
Industry
Cybersecurity
Location
Basque Country, Spain
Transaction Type
Buyout

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