Proofpoint Inc. has announced its agreement to acquire Hornetsecurity GmbH, a Germany-based provider of Microsoft 365 security services.
The deal, reportedly over $1 billion, will enhance Proofpoint's ability to offer human-centric security to small and mid-sized businesses globally through managed service providers.
Hornetsecurity's offerings include 365 Total Protection for Microsoft 365 users, email continuity, archiving solutions, and backup and recovery services.
The acquisition aligns with Proofpoint's goal to extend its security platform for MSPs and SMBs, deepen its investment in European markets, and support global growth strategy.