pfpt – Page 7 – Scalper1

Gary Steele Pushes Proofpoint Past Email Protection

Proofpoint has been on a buying spree, making relatively small but strategic acquisitions. The Sunnyvale, Calif.-based provider of security software via the cloud spent $24 million for NetCitadel and $35 million for Nexgate last year. In March, Proofpoint agreed to pay $40 million for security firm Emerging Threats. It was money well spent, CEO Gary Steele says, enhancing Proofpoint’s (PFPT) capabilities in advanced threat intelligence, security

Proofpoint Said Seeing ‘Strong Demand’ This Quarter

Proofpoint’s (PFPT) performance this quarter could mirror its results delivered in the fourth quarter, when the security software maker soundly beat analyst estimates. That’s the assessment from Daniel Ives, an analyst for FBR Capital Markets, in a report Monday in which he maintained his outperform rating and hiked his price target to 49 from 47. Proofpoint stock was down 1.5% in early afternoon trading in the stock market today, near 43.30,