Thoma Bravo to buy cybersecurity firm Darktrace for $5.3 billion

• Darktrace has long been a popular target of the naysayers, largely because it was co-founded and initially funded by Mike Lynch, the former Autonomy CEO and HP exec who's on trial in the U.S. for fraud.
• Lynch no longer served on Darktrace's board, but he does remain one of its largest shareholders. But several top Darktrace execs previously worked for Autonomy, including CEO Poppy Gustafsson.

Details: The 620 pence per share offer represents around a 20% premium to where Darktrace shares closed on Thursday.

• Thoma Bravo previously held takeover talks with Darktrace in 2022, but then walked away.

Go deeper, via CNBC: "[Darktrace's] move private will be seen as a major blow to the London Stock Exchange, where it listed in 2021. The company was seen as a welcome dynamic addition to a market often characterized as less appealing to technology firms than those in the U.S. or Asia."