February 07 - 11:02
12D
Forescout sold to Advent International for $1.9 billion
Forescout, the security firm that specialises in device and network visibility, is to be acquired by global private equity investor Advent. The transaction will be worth $1.9 billion when completed. Forescout will stay in California and Michael DeCesare will remain as CEO. An Advent spokesperson said Forescout is "a mission-critical business positioned to capitalise on key tech megatrends".
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