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☆ Thompson: AI can be a double-edged sword in cybersecurity incidents
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThompson: AI can be a double-edged sword in cybersecurity incidentsHugh Thompson of Crosspoint Capital and program committee chair of the RSA Conference, discusses the market fallout from high-profile data breaches, including AT&T and UnitedHealth.
Persons: Thompson, Hugh Thompson Organizations: Crosspoint, RSA Conference
☆ Investor Edenbrook Capital says Absolute Software's take-private deal undervalues company
  + stars: | 2023-05-18 | by ( ) www.reuters.com   time to read: 1 min
May 18 (Reuters) - Investment advisory firm Edenbrook Capital sent a letter to the board of Canada's Absolute Software Corp (ABST.TO) saying the deal for the company to be taken private by Crosspoint Capital Partners "significantly undervalues" the firm. Edenbrook, which has a stake of 10.4% in Absolute Software, said on Thursday the "transaction is unfair to public shareholders". Last week, Absolute Software agreed to be bought by Crosspoint for $657 mln and said its shareholders will receive $11.50 per share in cash. Absolute Software and Crosspoint did not immediately respond to requests for comment. Shareholders are set to vote on the acquisition at a special meeting expected to be held in late June.
☆ RSA Security explores $2 bln-plus sale of Archer -sources
  + stars: | 2023-01-18 | by ( Milana Vinn | ) www.reuters.com   time to read: +2 min
Clearlake Capital, another private equity firm, invested in RSA the following year. Last year, RSA sold a majority stake in its events business, RSA Conference, to private equity firm Crosspoint Capital Partners for an undisclosed amount. Archer, headquartered in Bedford, Massachusetts, is a governance, risk and compliance software platform with over 15,000 users globally. RSA's other business divisions include identity and access management platform SecureID and threat detection and response software platform NetWitness. Archer is not the only risk management software vendor up for sale in the United States.
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