The Cambridge-based cybersecurity and artificial intelligence company Darktrace is likely to become the latest British technology champion to be swallowed up by a US suitor, after it agreed a $5.3bn sale to US private equity business Thoma Bravo.and conspiracy in the US, agreed to an offer 44% higher than its average share price over the past three months.
Thoma Bravo, which walked away from previous takeover talks in 2022, made a cash offer that values Darktrace at $7.75 a share, or about 620p, compared with its valuation of 250p when it floated in London in 2021. In a statement on Friday, she said: “From our base in Cambridge, we are building a world-leading company using a unique form of artificial intelligence to address the societal challenge of cybersecurity.