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cybersecurity firmsCNBC
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74% Informative
Proofpoint is exploring an initial public offering sometime in the next 12 to 18 months .
CEO Sumit Dhawan said the timing of Proofpoint 's IPO would still remain dependent on general market conditions and the outcome of the 2024 U.S. presidential election.
Dhawan , who was appointed CEO last year , has been pushing the firm to consider strategic mergers and acquisitions of smaller cybersecurity firms in a bid to stimulate industry consolidation.
VR Score
81
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85
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54
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