Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Cybersecurity
    • Cybersecurity

    Thoma Bravo Invests in Security Firm DigiCert

    By
    Sean Michael Kerner
    -
    August 28, 2015
    Share
    Facebook
    Twitter
    Linkedin
      DigiCert

      Private equity firm Thoma Bravo is once again wading into the security arena, this time picking up a majority interest stake in security vendor DigiCert.

      As part of the deal, in which financial terms have not been publicly disclosed, Thoma Bravo is acquiring the majority interest in DigiCert, with existing shareholder TA Associates remaining on-board as a minority shareholder. Current management at DigiCert will remain in place to oversee day-to-day operations.

      “DigiCert represents an outstanding investment opportunity to back a market leader with a tremendous management team in a sector we know well,” Seth Boro, managing partner at Thoma Bravo, said in a statement.

      DigiCert has emerged in recent years to become one of the world’s leading Secure Sockets Layer/Transport Layer Security (SSL/TLS) certificate authorities. SSL/TLS is the foundational technology used to encrypt data in motion across the Internet. Having proper valid certificate authority (CA)-issued SSL/TLS certificates is key to maintaining the integrity and authenticity of the SSL/TLS system. DigiCert is a well-known and well-respected CA, and its customer base includes IBM, Sony, Facebook, VMware, Intel and Harvard University.

      DigiCert itself acquired the CyberTrust Enterprise SSL business from Verizon Enterprise Solutions in June of this year. As part of the Verizon transaction, DigiCert gained new technologies and customers, as well as control of several root certificates along with intermediate certificates that Verizon had been managing.

      In a video interview with eWEEK earlier this year, DigiCert’s Chief Security Officer Jason Sabin discussed the critical security role that SSL/TLS certificates play in the modern connected world and in the emerging Internet of things (IoT) landscape. The IoT opportunity in particular is an area that Thoma Bravo is interested in growing.

      “DigiCert is well-positioned to take advantage of emerging opportunities in areas such as securing connected devices in the Internet of Things world,” Robert Sayle, partner at Thoma Bravo, said in a statement. “We’re dedicated to backing existing management and helping them grow organically and through strategic investments and acquisitions in the years to come.”

      Thoma Bravo is no stranger to the world of security, having made multiple successful investments in the space in recent years. In 2011, Thoma Bravo acquired network security vendor Blue Coat in a $1.3 billion deal. In March of this year, the private equity firm sold Blue Coat to Bain Capital for $2.4 billion.

      “We look forward to adding Thoma Bravo’s strategic insight and influence as we embark on our next phase of growth,” Nicholas Hales, CEO at DigiCert, said in a statement. “They have a proven track record in the security space and we look forward to what will surely be a rewarding partnership.”

      Sean Michael Kerner is a senior editor at eWEEK and InternetNews.com. Follow him on Twitter @TechJournalist.

      Sean Michael Kerner
      Sean Michael Kerner is an Internet consultant, strategist, and contributor to several leading IT business web sites.

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×