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.
- Targets
- Panda Security
- Sellers
- Investing Profit Wisely (IPW)
- Industry
- Cybersecurity
- Location
- Basque Country, Spain
- Transaction Type
- Buyout
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