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For Security & Risk Professionals

Quick Take: Proofpoint Acquires Nexgate

Acquisition Signals A Maturing Social Risk And Compliance Market, But Proofpoint Still Has 'Points To Prove'

October 24, 2014


Why Read This Brief

On October 23, 2014, Proofpoint announced that it had acquired social risk and compliance (SRC) vendor Nexgate for approximately $35 million. While smaller than other security or social media vendor mergers and acquisitions, this deal demonstrates that the SRC market continues to show substantial growth and promise, helping security, compliance, and even marketing professionals protect firms' social infrastructure and meet growing regulatory requirements. In this report, we analyze the implications of this acquisition, the trajectory of the SRC market, and what it all means for risk and compliance professionals.

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