Advent International and Forescout Technologies (FSCT) acquisition information, including expected completion date and offer price, is displayed in the merger details table below.
This deal was successfully consummated on August 17, 2020
Merger Details | Value |
---|---|
Acquisition Target Stock Name | Forescout |
Acquisition Target Stock Ticker | FSCT |
Acquirer Stock Name | Advent International |
Announcement Date | February 6, 2020 |
Target Attitude | FRIENDLY TAKEOVER |
Expected Completion Date | Q3 2020 |
Deal Value | $1.43bn |
Offer Price | $29.00 |
Payment Method | All Cash Deal |
Initial SEC Filing | 8-K |
Investor Relations | 1-866-377-8771 |
Actual Completion Date | August 17, 2020 |
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Forescout Technologies (NASDAQ: FSCT) Merger - Acquisition News and Events
Forescout Technologies Company Profile
Forescout Technologies, Inc. provides network security products in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers CounterACT that provides for visibility and control capabilities across campus information technology and Internet of Things (IoT) devices, operational technology devices, data center physical and virtual devices, and cloud virtual devices; and SilentDefense, which offers visibility and control capabilities within the operational technology portion of the network.
The company’s software products include CounterACT, Extended Modules, CounterACT Virtual Appliance, CounterACT Enterprise Manager Virtual Appliances, SilentDefense, and SilentDefense Command Center; and hardware products comprise hardware that is for use with CounterACT or SilentDefense, CounterACT Appliances, and CounterACT Enterprise Manager Appliances. Its products are used to protect organizations against the threats that exploit the billions of IoT devices connected to organizations’ networks. Forescout Technologies, Inc. sells its products and services through distributors and resellers. The company was founded in 2000 and is headquartered in San Jose, California.