Intel Capital scored an exit as private equity firm Thoma Bravo bought a majority share of the machine cybersecurity technology producer, valuing it at $1.15bn.
Semiconductor and data technology producer Intel has exited Venafi, a US-based identity management technology provider in which private equity firm Thoma Bravo has just acquired a majority stake.
The transaction valued Venafi at $1.15bn and growth equity firm TCV and venture capital firm Foundation Capital were the only investors identified by the company as retaining stakes.
Venafi has developed cybersecurity software that lets users manage the machine identity verification system through which electronic systems identify each other, on premises and…
