{"id":3214,"date":"2025-05-16T00:29:10","date_gmt":"2025-05-16T00:29:10","guid":{"rendered":"https:\/\/cybersecurityinfocus.com\/?p=3214"},"modified":"2025-05-16T00:29:10","modified_gmt":"2025-05-16T00:29:10","slug":"proofpoint-buying-hornetsecurity-in-a-play-to-expand-email-security-scope","status":"publish","type":"post","link":"https:\/\/cybersecurityinfocus.com\/?p=3214","title":{"rendered":"Proofpoint buying Hornetsecurity in a play to expand email security scope"},"content":{"rendered":"<div>\n<div class=\"grid grid--cols-10@md grid--cols-8@lg article-column\">\n<div class=\"col-12 col-10@md col-6@lg col-start-3@lg\">\n<div class=\"article-column__content\">\n<div class=\"container\"><\/div>\n<p>More than of 90% of successful cyberattacks <a href=\"https:\/\/www.cisa.gov\/shields-guidance-families\">begin with emails<\/a>, according to the US Cybersecurity and Infrastructure Security Agency (CISA), making them a critical asset that enterprises must protect.<\/p>\n<p>Cybersecurity vendor Proofpoint is looking to expand its reach in this area, announcing its <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250515221537\/en\/Proofpoint-Signs-Definitive-Agreement-to-Acquire-Hornetsecurity\" target=\"_blank\" rel=\"noopener\">intent to purchase<\/a> Hornetsecurity Group, a European email security rival. The move will extend Proofpoint\u2019s base beyond some of the world\u2019s largest companies to small and mid-sized businesses (SMBs) globally, through managed service providers (MSPs).<\/p>\n<p>\u201cIt\u2019s an interesting move to diversify from Proofpoint\u2019s bread and butter, large enterprise businesses, towards the small and medium-size business space,\u201d noted David Shipley of Beauceron Security, a Proofpoint competitor.<\/p>\n<h2 class=\"wp-block-heading\">What Hornetsecurity brings to Proofpoint<\/h2>\n<p>Hornetsecurity specializes in Microsoft 365 security; its flagship product is 365 Total Protection, which offers comprehensive email security, backup, access and permission control, and domain fraud protection.<\/p>\n<p>Proofpoint says the move brings a \u201chigh-performing\u201d business into its portfolio: Hornetsecurity, which launched in 2007, has more than 20% year-over-year growth and more than $160 million in annual recurring revenue (ARR). It has 12,000-plus channel partners and MSPs, and serves 125,000-plus SMBs across Europe.<\/p>\n<p>Gartner\u2019s Magic Quadrant for Email Security Platforms identified Hornetsecurity as a \u201cniche player\u201d in the market, while Proofpoint is a market leader.<\/p>\n<p>\u201cHornetsecurity brings the ripe market of SMBs to Proofpoint for immediate upsell of Proofpoint to those customers, along with the established MSP relationships already enabled,\u201d said Jimmie Lee, founder and CEO at JLEE.com.<\/p>\n<p>Shipley noted that the purchase is \u201clikely a direct response\u201d to <a href=\"https:\/\/www.knowbe4.com\/press\/knowbe4-to-acquire-egress\" target=\"_blank\" rel=\"noopener\">KnowBe4\u2019s acquisition of Egress<\/a>, another e-mail filter company that, he said, \u201cmakes Knowbe4 a direct competitor for Proofpoint\u2019s most valuable products.\u201d<\/p>\n<p>In addition, \u201cHornetsecurity\u2019s channel partners and its current revenue are both likely equally attractive parts of this deal,\u201d he said.<\/p>\n<h2 class=\"wp-block-heading\">One of many big purchases in the industry<\/h2>\n<p>While the terms are confidential, sources have reported the price of the Hornetsecurity purchase, which is expected to close in the second half of 2025, to be well over $1 billion. This would make it Proofpoint\u2019s largest acquisition, and also one of the biggest cybersecurity deals in recent years.<\/p>\n<p>Proofpoint is also reaping the benefits of Hornetsecurity\u2019s own acquisition strategy. <a href=\"https:\/\/www.hornetsecurity.com\/us\/blog\/vade-joins-hornetsecurity-group\/\" target=\"_blank\" rel=\"noopener\">In March 2024<\/a>, it acquired Vade, an AI-based email security platform that analyzes more than 2.5 billion messages daily. This helped Hornetsecurity bolster its detection capabilities for <a href=\"https:\/\/www.csoonline.com\/article\/575559\/business-email-compromise-scams-take-new-dimension-with-multi-stage-attacks.html\">business email compromise<\/a> (BEC) and <a href=\"https:\/\/www.csoonline.com\/article\/566789\/what-is-spear-phishing-examples-tactics-and-techniques.html\">spear phishing<\/a>. The company has also enhanced its platform through several other acquisitions, including Altospam (anti-phishing software), IT-Seal (cybersecurity training), Zerospam (email security and anti-spam), and Everycloud (email security).<\/p>\n<p>Proofpoint has also been exploring other acquisitions and different funding routes as it reportedly prepares to return to public markets in 2026. Earlier this year, it also expanded its global partnership with Microsoft, using Microsoft Azure\u2019s AI capabilities and cloud infrastructure to enhance threat protection and data security.<\/p>\n<p>With this strategy, it is reflecting trends in the security market. In March, Google stunned the industry when it announced it was buying cloud security company Wiz for <a href=\"https:\/\/www.csoonline.com\/article\/3848035\/alphabet-agrees-to-buy-israels-wiz-expanding-its-cloud-security-reach.html\" target=\"_blank\" rel=\"noopener\">$32 billion<\/a>, its biggest acquisition of any kind to date. Meanwhile, Palo Alto Networks is purchasing AI and ML security company Protect AI in a deal valued at <a href=\"https:\/\/www.networkworld.com\/article\/3973615\/palo-alto-networks-to-buy-protect-ai-strengthen-ai-security-platform.html\" target=\"_blank\" rel=\"noopener\">roughly $700 million<\/a>; Cisco paid <a href=\"https:\/\/www.networkworld.com\/article\/2066444\/cisco-completes-28-billion-splunk-acquisition.html\" target=\"_blank\" rel=\"noopener\">$28 billion<\/a> last March for cloud security platform Splunk (also its biggest ever, and following a slew of other acquisitions); and Thoma Bravo bought Darktrace for <a href=\"https:\/\/www.thomabravo.com\/press-releases\/thoma-bravo-announces-a-cash-offer-to-acquire-cybersecurity-leader-darktrace\" target=\"_blank\" rel=\"noopener\">$5.3 billion in April<\/a>. Not to mention, Proofpoint itself was purchased by Thoma Bravo for <a href=\"https:\/\/www.csoonline.com\/article\/570581\/top-cybersecurity-manda-deals-for-2021.html\" target=\"_blank\" rel=\"noopener\">$12.3 billion in 2021<\/a>.<\/p>\n<p>\u201cAll of these acquisitions signal two main themes: Innovation by acquisition and growth velocity through strategic market penetration,\u201d said Lee.<\/p>\n<p>Large companies need to move quickly in increasingly competitive markets, and without acquisitions, it can take years to expand into new areas, he noted, and potentially requires internal reorganizations, tough recruiting cycles, and untold expenses. Acquisitions bring in customers and MSPs, as well as talent with a \u201cproven working culture.\u201d<\/p>\n<p>Ultimately, this represents a \u201cgrowth point\u201d for cybersecurity, said Lee, where the traditional approaches of software and SaaS-based companies are making their way into the industry.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>More than of 90% of successful cyberattacks begin with emails, according to the US Cybersecurity and Infrastructure Security Agency (CISA), making them a critical asset that enterprises must protect. Cybersecurity vendor Proofpoint is looking to expand its reach in this area, announcing its intent to purchase Hornetsecurity Group, a European email security rival. The move [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=\/wp\/v2\/posts\/3214"}],"collection":[{"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3214"}],"version-history":[{"count":0,"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=\/wp\/v2\/posts\/3214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=\/wp\/v2\/media\/3205"}],"wp:attachment":[{"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cybersecurityinfocus.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}