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Darktrace announces formal completion of its acquisition by Thoma Bravo

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CAMBRIDGE, UK, Oct. 1, 2024 /PRNewswire/ — Darktrace, a global leader in cybersecurity AI, has today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, for $5.3bn. The recommended cash acquisition was announced on 26 April 2024 and the Scheme of Arrangement has now become effective. 

Jill Popelka, CEO of Darktrace, said: “Thoma Bravo will be a hugely valuable partner as we pursue further scale and innovation for our next stage of growth. Darktrace’s position at the cutting edge of cybersecurity AI coupled with Thoma Bravo’s deep strategic and sector expertise will be a powerful combination. Protecting businesses and organisations with best-in-class AI-powered, proactive cybersecurity will remain at the absolute core of what we do. Together, we can take this even further, investing in our people to enhance our technical capabilities and delivering exceptional service and value for our customers.”

Seth Boro, Managing Partner at Thoma Bravo, said: “Darktrace holds a unique position at the forefront of cybersecurity technology. As one of the early adopters of AI, the value of its capabilities is evident to businesses, governments and society across the world. We are excited to work alongside Jill and the Darktrace team to build on their success, supporting their ambitions to protect the world from the most advanced cyber threats.” 

About Darktrace
Darktrace is a global leader in AI for cybersecurity that keeps organizations ahead of the changing threat landscape every day. Founded in 2013, Darktrace provides the essential cybersecurity platform protecting organizations from unknown threats using its proprietary AI that learns from the unique patterns of life for each customer in real-time. The Darktrace ActiveAI Security Platform™ delivers a proactive approach to cyber resilience with pre-emptive visibility into security posture, real-time threat detection, and autonomous response – securing the business across cloud, email, identities, operational technology, endpoints, and network. Breakthrough innovations from our R&D teams in Cambridge, UK, and The Hague, Netherlands, have resulted in over 200 patent applications filed. Darktrace’s platform and services are supported by over 2,400 employees around the world who protect nearly 10,000 customers across all major industries globally. To learn more, visit http://www.darktrace.com

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SOURCE Darktrace

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Atlantic Merchant and First Bank Announce Strategic Partnership to Enhance Payment Processing for their Clients

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Atlantic Merchant Services, a subsidiary of Payroc, is partnering with First Bank to provide First Bank’s clients with tailored payment solutions, including POS systems, contactless payment options, and business analytics tools. The partnership will enhance innovation and customer service.

TINLEY PARK, Ill., Jan. 2, 2025 /PRNewswire-PRWeb/ — Atlantic Merchant Services, a wholly owned subsidiary of Payroc, the payments platform built for partners, announced a new partnership with First Bank. First Bank is a trusted financial institution serving the Commonwealth of Virginia since 1907. Beginning January 1, 2025, Atlantic Merchant Services (Atlantic Merchant) will support First Bank’s clients with seamless, secure, and customized payment processing solutions.

“Our partnership ensures our customers have access to cutting-edge payment solutions with the personal touch they’ve come to expect.” Dennis Dysart, President and Chief Operating Officer of First Bank

This collaboration aligns with both organizations’ commitment to exceptional customer service and innovation. First Bank’s clients will now have access to Atlantic Merchant’s suite of advanced payment technology, including point-of-sale systems, contactless payment options, and business analytics tools—all designed to save time and drive efficiency.

“Our partnership with Atlantic Merchant ensures our customers have access to cutting-edge payment solutions with the personal touch they’ve come to expect,” Dennis Dysart, President and Chief Operating Officer, commented.  “We’re thrilled to provide community businesses, non-profits, and municipalities with individualized resources they need to thrive while maintaining the customer-first focus that is central to our mission.”

Atlantic Merchant’s dedication to creating unique customer experiences is unmatched. With solutions tailored to the specific needs of First Bank’s diverse clientele, Atlantic Merchant sets itself apart from competitors by combining technological innovation with localized support.

“At Atlantic Merchant, we believe in empowering businesses through innovation and exceptional service,” said Bill Baker, Managing Director of Sales Solutions at Atlantic Merchant. “Partnering with First Bank allows us to bring our expertise to a community-focused financial institution that shares our values.”

This partnership underscores the shared vision of both organizations to help local businesses succeed in an ever-evolving marketplace.

For more information about Atlantic Merchant’s solutions, visit http://www.AtlanticMerchant.com.

About Atlantic Merchant:
Atlantic Merchant Services, LLC, is a wholly owned subsidiary of Payroc World Access. Payroc World Access (Payroc) is a high-growth merchant acquirer, processor, and payment integrations powerhouse that offers best-in-class sales enablement and payment processing technology on a global scale. Payroc delivers proprietary, innovative, and full-service merchant acquiring solutions together with key card brand network payment sponsorship registrations. Payroc is a registered Visa third-party processor, a Visa independent sales organization, a Mastercard third-party service provider, a Mastercard member service provider, a payment facilitator, an encryption support organization for Fifth Third Bank, National Association (“Fifth Third”), and, in Canada is registered with Peoples Trust Company, among many others. For more information, visit payroc.com.

About First Bank:
First Bank is a community bank that first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its website, http://www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, three loan production offices, two customer service centers in retirement communities, and thirty-three bank branch office locations located throughout the Shenandoah Valley, the central region of Virginia, the Roanoke Valley, the city of Richmond, and in northern North Carolina.

Media Contact

Lynae Harrison, Payroc, 8447297624, lynae.harrison@payroc.com, https://payroc.com/ 

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SOURCE Payroc

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MasTec Senior Management to Present at the Goldman Sachs Investor Conference

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CORAL GABLES, Fla., Jan. 2, 2025 /PRNewswire/ — MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, January 7th at approximately 2:20 p.m. Eastern Time. Additionally, one-on-one meetings with institutional investors and MasTec’s senior management are also being arranged as a part of the conference.

The audio and any presentation materials may be accessed through links on the “Investors” page of MasTec’s website at www.mastec.com.  Interested parties should check the Company’s website for any schedule updates, or time changes.  The presentation will also be available for replay on the MasTec website for approximately 30 days.

Please make note that in the presentation by management, we may make certain statements that are forward-looking, such as statements regarding MasTec’s future results, plans and anticipated trends in the industries where we operate. 

These forward-looking statements are the Company’s expectations on the day of the initial webcast, and the Company does not undertake to update these expectations based on subsequent events or knowledge.   

Various risks, uncertainties and assumptions are detailed in our most recent financial press releases and filings with the Securities and Exchange Commission.  Should one or more of these risks or uncertainties materialize, or should any of our underlying assumptions prove incorrect, actual results may differ significantly from results expressed or implied in these communications.   

MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. The Company’s primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: power delivery services, including transmission and distribution, wireless, wireline/fiber and customer fulfillment activities; power generation, primarily from clean energy and renewable sources; pipeline infrastructure, including natural gas pipeline and distribution infrastructure; heavy civil; and industrial infrastructure. MasTec’s customers are primarily in these industries. The Company’s corporate website is located at www.mastec.com. The Company’s website should be considered as a recognized channel of distribution, and the Company may periodically post important, or supplemental, information regarding contracts, awards or other related news and webcasts on the Events & Presentations page in the Investors section therein.

View original content:https://www.prnewswire.com/news-releases/mastec-senior-management-to-present-at-the-goldman-sachs-investor-conference-302340215.html

SOURCE MasTec, Inc.

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RADCOM to Participate in the 27th Annual Needham Growth Conference on January 16, 2025

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TEL AVIV, Israel, Jan. 2, 2025 /PRNewswire/ — RADCOM Ltd. (NASDAQ: RDCM) announced today that Benny Eppstein, Chief Executive Officer, and Hadar Rahav, Chief Financial Officer, will participate virtually in the 27th Annual Needham Growth Conference on January 16, 2025.

Management will be available for virtual one-on-one investor meetings. To schedule a meeting, please get in touch with your Needham representative.

About RADCOM

RADCOM (NASDAQ: RDCM) is the leading expert in 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
msegal@ms-ir.com

Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com 

 

View original content:https://www.prnewswire.com/news-releases/radcom-to-participate-in-the-27th-annual-needham-growth-conference-on-january-16-2025-302341119.html

SOURCE RADCOM Ltd.

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