Absolute Software Corporation

Three Strategic Appointments to Strengthen Board’s Position as a Leader in Enterprise Planning Solutions

Retrieved on:

Wednesday, March 27, 2024

These leaders will be instrumental in strengthening the company’s ability to deliver great solutions to customers, in close collaboration with partners.

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These leaders will be instrumental in strengthening the company’s ability to deliver great solutions to customers, in close collaboration with partners.
As Board COO, Vijay will bring together cross-functional teams to build and package market leading solutions for customers.
With an exceptional track record in technology leadership, Vijay brings a wealth of experience to Board.
CEO Jeff Casale is excited to bring F.J. onboard "F.J.’s strategic vision aligns perfectly with our commitment to fostering innovation and success with our partnership.”

Absolute Cyber Resilience Capabilities Earn Leadership Position in Frost & Sullivan Endpoint Security Radar

Retrieved on:

Thursday, February 29, 2024

Absolute Software , a global leader in enterprise cyber resilience, today announced that it has been named a leader in the most recent Frost & Sullivan Radar for Endpoint Security.

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Absolute Software , a global leader in enterprise cyber resilience, today announced that it has been named a leader in the most recent Frost & Sullivan Radar for Endpoint Security.
To produce the benchmarking report, Frost & Sullivan assessed more than 50 endpoint security vendors to identify 18 top innovators in the market.
Among the unique capabilities the leading global analyst firm highlighted were Absolute’s continuous device monitoring, compliance posture assurance, FedRAMP-ready designation, and cyber resilience capabilities that ensure essential security controls and applications run as intended.
Our award-winning Absolute Secure Endpoint and Secure Access product lines are recognized as leaders across multiple technology categories, including Zero Trust Network Access (ZTNA), Endpoint Security, Security Services Edge (SSE), Firmware-Embedded Persistence, and Automated Security Control Assessment (ASCA).

F5 Welcomes Samir Sherif as New Chief Information Security Officer

Retrieved on:

Monday, January 22, 2024

Data Management, Security, Technology, Software, Networks, Internet, Hardware, Senior, CISO, Heart, Application, Absolute Software Corporation, FFIV, Organization, Imperva, Sherif, EVP, Risk management

F5 (NASDAQ: FFIV), today announced the appointment of Samir Sherif as Senior Vice President and Chief Information Security Officer (CISO).

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F5 (NASDAQ: FFIV), today announced the appointment of Samir Sherif as Senior Vice President and Chief Information Security Officer (CISO).
In this role, Sherif will lead F5’s enterprise cybersecurity strategy and security culture, evolve F5’s security capabilities and resilience, oversee cybersecurity standards and programs for F5’s products and services, and showcase to customers and the broader industry the value of F5’s security solutions.
As a seasoned CISO and an expert in application security, Sherif's arrival marks a significant addition to F5’s leadership team.
“As the new Chief Information Security Officer at F5, my mission is to harness our leadership in multi-cloud application security to further strengthen our enterprise cybersecurity initiatives,” said Sherif.

Delinea Launches Comprehensive Partner Program with Significant Investments in Global Ecosystem

Retrieved on:

Wednesday, January 17, 2024

Senior, CyberArk, Partnership, International, Identity, Woman, Ecosystem, Absolute Software Corporation, Investment, Guidepoint, Channel, PAM, Airline

SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- Delinea, a leading provider of solutions that seamlessly extend Privileged Access Management (PAM), today announced the new Delinea Partner Program, a comprehensive business initiative designed to provide benefits, resources, and growth opportunities tailored to partners' business and market needs. To lead the new Program and advance Delinea's global partner ecosystem, the company has promoted Kara Trovato to VP of Channel, Americas and hired Miles Rippon as VP of Channel, International.

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To lead the new Program and advance Delinea's global partner ecosystem, the company has promoted Kara Trovato to VP of Channel, Americas and hired Miles Rippon as VP of Channel, International.
The new Delinea Program has been designed to improve the PAM practice in partners' businesses and further demonstrates Delinea's commitment to shared goals.
"The new Delinea Partner Program creates a global, unified approach to support different business and engagement models, increase sales, and boost enablement," said Tim Puccio, Senior Vice President Global Channels and Alliances at Delinea.
"Their leadership skills, expertise, and dedication will be instrumental to the new Delinea Partner Program's success, and nurturing and expanding our global ecosystem."

Daniel Pagel Joins Playvox as CEO to Accelerate the Next Stage of Growth

Retrieved on:

Tuesday, November 28, 2023

Quality, MobileIron, Organization, The Carlyle Group, Elm, Heart, Absolute Software Corporation, NetMotion Software, Software as a service, Growth, AI, Management

"As Playvox positions itself for its next stage of growth, Daniel is uniquely suited to accelerate our momentum in the coming years," said Ryan Mandl of Five Elms, the majority shareholder / private equity owner of Playvox.

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"As Playvox positions itself for its next stage of growth, Daniel is uniquely suited to accelerate our momentum in the coming years," said Ryan Mandl of Five Elms, the majority shareholder / private equity owner of Playvox.
"Daniel is known for driving results, along with having a relentless focus on customer experience, which makes him a perfect fit for this next stage of Playvox's journey.
Before joining Playvox, Pagel was the Chief Revenue Officer (CRO) at Britive, a leader in the cloud security and identity space.
It's an incredibly exciting time to be joining this organization and I'm honored to be part of the next stage of growth for Playvox," noted Pagel.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity

Retrieved on:

Tuesday, October 31, 2023

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.

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Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.
Ares served as the administrative agent for a senior secured credit facility to support TSG Consumer Partners’ continued growth plans for ATI Restoration.
Ares served as a lender for a senior secured credit facility to support Vista’s continued growth plans for Finastra.
Ares served as a lender for a senior secured credit facility to support Thoma Bravo’s refinancing for Hyland.

Inseego Appoints Steven Gatoff as Chief Financial Officer

Retrieved on:

Thursday, September 14, 2023

Inseego Corp., a leader in 5G edge cloud solutions, today announced the appointment of Steven Gatoff as Chief Financial Officer, effective September 14, 2023.

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Inseego Corp., a leader in 5G edge cloud solutions, today announced the appointment of Steven Gatoff as Chief Financial Officer, effective September 14, 2023.
Mr. Gatoff will succeed Robert G. Barbieri, who will be stepping down from the CFO role to pursue his desire to return to his consulting business.
“I’m delighted to welcome Steven to Inseego as our new Chief Financial Officer,” said Ashish Sharma, President and CEO at Inseego.
Mr. Gatoff joins Inseego from driving growth at several innovative start-up technology companies, after having served as public company CFO at Absolute Software, 8x8, Rapid7 and iPass.

Absolute Software Announces Completion of Acquisition by Crosspoint Capital Partners

Retrieved on:

Thursday, July 27, 2023

Absolute Software ™ (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”), the only provider of self-healing, intelligent security solutions, today announced the successful completion of its acquisition by an affiliate of Crosspoint Capital Partners, LP (Crosspoint Capital), a leading private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets.

Key Points:

Absolute Software ™ (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”), the only provider of self-healing, intelligent security solutions, today announced the successful completion of its acquisition by an affiliate of Crosspoint Capital Partners, LP (Crosspoint Capital), a leading private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets.
On May 11, 2023, an affiliate of Crosspoint Capital and Absolute Software announced that they had entered into a definitive agreement pursuant to which an affiliate of Crosspoint Capital would acquire Absolute Software for $11.50 per Common Share in cash, corresponding to an enterprise value of approximately US$870 million, inclusive of the debt.
“We are very excited about this acquisition and working with Crosspoint Capital to further strengthen our unique position in the market and in delivering the next generation of Resilience,” said Christy Wyatt, Absolute President and Chief Executive Officer.
“This acquisition is only possible because of the outstanding contributions from our employees, the support of our customers, and the powerful ecosystem of OEM partners around Absolute.

TuxCare Names Michael Canavan as Chief Revenue Officer

Retrieved on:

Tuesday, July 25, 2023

TuxCare , global innovator in enterprise-grade cybersecurity for Linux, today announced the appointment of Michael Canavan as the company’s new Chief Revenue Officer (CRO).

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TuxCare , global innovator in enterprise-grade cybersecurity for Linux, today announced the appointment of Michael Canavan as the company’s new Chief Revenue Officer (CRO).
Canavan previously served as TuxCare’s senior vice president of global sales.
His promotion follows a fast-paced period of worldwide expansion for TuxCare, including new strategic partnerships and the opening of operations outside of the United States.
Prior to joining TuxCare in 2021, Canavan served in top sales roles at numerous leading technology companies such as Absolute Software, Globalscape, Kaspersky and Trend Micro.

SecurityWeek Analysis: Over 210 Cybersecurity M&A Deals Announced in First Half of 2023

Retrieved on:

Monday, July 17, 2023

SecurityWeek, a leading provider of cybersecurity news and information to global enterprises, today published its analysis of cybersecurity merger and acquisition (M&A) activity for the first half of 2023.

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SecurityWeek, a leading provider of cybersecurity news and information to global enterprises, today published its analysis of cybersecurity merger and acquisition (M&A) activity for the first half of 2023.
SecurityWeek’s cybersecurity M&A database added information on 234 deals announced in H1 2023, with a significant decrease observed in June.
Sweden stood out in the first six months of 2023, and for the first time since SecurityWeek has been tracking M&A deals, the Scandinavian nation surpassed Canada and Germany in cybersecurity M&A activity.
Private equity firms were involved in 20 of the M&A deals from the first half of 2023, more than the yearly total for 2022 or 2021.