Thoma Bravo, a private equity firm, has announced its acquisition of the cybersecurity firm Sophos. Sophos' stockholders agreed to the takeover in December. Sophos was sold for $3.9 billion in cash.
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Fitbit is allegedly in talks with the investment bank, Qatalyst Partners. The two are discussing the future of Fitbit following its struggle to get a foothold in the smartwatch market.
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