26-04-2024 14:28 via theguardian.com

Cybersecurity firm Darktrace agrees $5.3bn sale to US private equity business

UK company’s offer from Thoma Bravo is 44% higher than average share price over past three monthsBusiness live – latest updatesThe Cambridge-based cybersecurity and artificial intelligence company Darktrace is likely to become the latest British technology champion to be swallowed up by a US suitor, after it agreed a $5.3bn (£4.2bn) sale to US private equity business Thoma Bravo.Darktrace, whose co-founding investor Mike Lynch is currently on trial for fraud and conspiracy in t
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