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On the Record · Proofpoint

Proofpoint acquisitions, on the record

The businesses Proofpoint bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Wombat Security Technologies, Inc.
Word for word“The Wombat acquisition added approximately 550 customers that were only using Wombat products at the time of the acquisition on February 28, 2018.” 10-K for 2018
acquisitionFebruary 28, 2018—
Cloudmark, Inc. and WebLife Balance, Inc.
Word for word“However, in the year ended December 31, 2017, we recognized $0.2 million of deferred tax benefit in the U.S. related to amortization of tax goodwill on business acquisitions and $12.3 million of deferred tax benefit in the U.S. related to changes in the Company's valuation allowance resulting from the Cloudmark, Inc. and WebLife Balance, Inc. business acquisitions.” 10-K for 2018
acquisition——
ObserveIT, Ltd.
Word for word“As described in Note 3 to the consolidated financial statements, the Company acquired ObserveIT, Ltd. on November 25, 2019 for net consideration of $214 million, which resulted in $35 million of developed technology and $21 million of in-process research and development intangible assets being recorded.” 10-K for 2019
acquisitionNovember 25, 2019$214 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$54.1 million$33.5 million
2017-12-31$155.3 million$130.4 million
2018-12-31$223.8 million$162.9 million
2019-12-31$317.2 million$230.2 million
2020-12-31$2.7 million$766,000

Deal filings since 2016

Read from Proofpoint’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.