Mimecast

Mimecast from the UK specializes in cloud email management for Microsoft Exchange and Microsoft Office 365, including security, archiving, and continuity services to protect business mail. The company's shares are listed on Nasdaq, Mimecast has more than 39,000 business customers, of which about 20,000 use its products, in particular, to protect Microsoft 365 deployments .

History

2021: Permira acquired Mimecast for $5.8 billion

In early December 2021, Permira acquired Mimecast. The deal amounted to $5.8 billion.

E-mail is the main vector of cyber attacks, and attempts to phishing and extradite yourself as another person are constantly improving, "Permira said in a statement. - This means that organizations have never had such urgency or the need to protect their critical data and infrastructure.

Permira bought Mimecast a $5.8 billion

Mimecast sells the Safe Phish tool to train cyber employees on advanced cybersecurity techniques. This allows the company's information technology department to check employees in the field of cybersecurity by sending them secure versions of e-mails with targeted phishing used in real hacker campaigns. In the backup market, another area where Mimecast competes, it provides a product that allows businesses to archive and restore business emails if source copies become unavailable.

Permira acquires a company with sustained revenue growth and a large affordable market. Mimecast achieved annual sales growth of 17% or more in each of the four quarters of 2021. The purchase of Mimecast is the second major acquisition in the field of cybersecurity, which Permira announced in the fall of 2021. In November, a group of investors, which included Permira, acquired a major developer of cybersecurity solutions McAfee, the deal cost more than $14 billion.^[1]

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