Blue Coat Systems is being acquired by private equity firm Thoma Bravo for approximately $1.3 billion. Blue Coat recently posted good quarterly revenue numbers and all indications are that its financial and operational woes were in the past. I believe that Blue Coat is positioned for strong growth over the next few years because: It has the right stuff for web security. New use cases for video applications and cloud/SaaS connectivity could transform this market. With the right management and investments, this acquisition should lead to a successful outcome.”]
Source: https://www.csoonline.com/article/2221287/blue-coat-goes-private.html