Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide
  • Home
  • /
  • Security
  • /
  • Darktrace formally completes its acquisition by Thoma Bravo

Security

Darktrace formally completes its acquisition by Thoma Bravo

Cambridge based Darktrace has announced the completion of its acquisition by Thoma Bravo, a software investment firm, for $5.3 billion.

Above: Jill Popelka, who last month took on the role of Darktrace CEO.
Courtesy Darktrace

The recommended cash acquisition was announced on 26th April 2024 and the Scheme of Arrangement has now become effective, 1st October 2024.

Jill Popelka, CEO of Darktrace, said: “Thoma Bravo will be a hugely valuable partner as we pursue further scale and innovation for our next stage of growth. Darktrace’s position at the cutting edge of cybersecurity AI coupled with Thoma Bravo’s deep strategic and sector expertise will be a powerful combination.

Advertisement
ODU RT

"Protecting businesses and organisations with best-in-class AI-powered, proactive cybersecurity will remain at the absolute core of what we do. Together, we can take this even further, investing in our people to enhance our technical capabilities and delivering exceptional service and value for our customers.”

Seth Boro, Managing Partner at Thoma Bravo, said: “Darktrace holds a unique position at the forefront of cybersecurity technology. As one of the early adopters of AI, the value of its capabilities is evident to businesses, governments and society across the world. We are excited to work alongside Jill and the Darktrace team to build on their success, supporting their ambitions to protect the world from the most advanced cyber threats.”

Advertisement
DSEI 2025

Founded in 2013, Darktrace provides a cybersecurity platform protecting organisations from unknown threats using its proprietary AI that learns from the unique patterns of life for each customer in real-time. The Darktrace ActiveAI Security Platform delivers a proactive approach to cyber resilience with pre-emptive visibility into security posture, real-time threat detection, and autonomous response – securing the business across cloud, email, identities, operational technology, endpoints and network.

Breakthrough innovations from its R&D teams in Cambridge, UK and The Hague, Netherlands, have resulted in over 200 patent applications filed. Darktrace’s platform and services are supported by over 2,400 employees around the world who protect nearly 10,000 customers across all major industries globally.
 

Advertisement
Cranfield University
Unifi secures Oxford Airport ground handling and security contracts

Aerospace Security

Unifi secures Oxford Airport ground handling and security contracts

17 April 2025

Unifi has secured its first business aviation ground handling contract and its third Fixed Base Operation/FBO security contract in the UK at London Oxford Airport, marking a major expansion of its services and a new milestone in its global growth.

M Group acquires Telent

Defence Security

M Group acquires Telent

16 April 2025

M Group has aquired Telent, a provider of operational technology and digital solutions for Critical National Infrastructure (CNI) across the UK and Ireland.

Met brings leader of fraud platform to justice 

Security

Met brings leader of fraud platform to justice 

15 April 2025

A massive worldwide operation led by the Met has seen a prolific cyber-criminal sent to prison for eight-and-a-half years.

XTI Aerospace subscale model of latest TriFan 600 unveiled at Avalon Airshow

Aerospace Security Events

XTI Aerospace subscale model of latest TriFan 600 unveiled at Avalon Airshow

14 April 2025

XTI Aerospace unveiled its tradeshow model of the TriFan 600 aircraft at last month's Avalon Airshow, the southern hemisphere's largest airshow, in Melbourne, Australia.

Advertisement
DSEI 2025
UK invests in quantum tech to tackle crime

Security

UK invests in quantum tech to tackle crime

14 April 2025

The UK government is investing £121 million in quantum technology to tackle crime, fraud and money laundering, while reinforcing its global leadership in the field and driving economic savings.

NCA investigation leads to Border Force seizing £1m at Heathrow

Aerospace Security

NCA investigation leads to Border Force seizing £1m at Heathrow

11 April 2025

As a result of a National Crime Agency (NCA) investigation, a man has been charged with money laundering after the seizure of £1 million in suitcases by the UK's Border Force at Heathrow Airport.

Advertisement
DSEI 2025