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Proofpoint’s Billion-Dollar Acquisition of Hornetsecurity Sets Stage for IPO Revival

Strategic Consolidation Boosts Market Reach

Cybersecurity titan Proofpoint has executed its largest acquisition to date by purchasing European rival Hornetsecurity for over $1 billion. This decisive move not only deepens its presence in the European market but also enhances its managed service provider portfolio, positioning the firm to integrate fragmented security tools into one robust platform.

Responding to a New Era of Cyber Threats

Proofpoint CEO Sumit Dhawan highlighted that the rapid evolution of cyber threats, especially those driven by generative AI, demands high-efficacy and integrated security solutions. By incorporating Hornetsecurity’s advanced cloud-based email protection and risk management services, Proofpoint is well-equipped to secure an increasing number of small and medium-sized enterprises against sophisticated attacks.

A Calculated Step Towards Public Markets

Currently under the ownership of private equity giant Thoma Bravo following its $12.3 billion privatization in 2021, Proofpoint is laying the groundwork for a return to public markets. The strategic acquisition of Hornetsecurity, which serves over 125,000 businesses, is expected to significantly bolster earnings and cash flow, further fortifying its market positioning ahead of a potential IPO revival.

With the deal anticipated to close in the second half of 2025, Proofpoint’s move represents a clear signal of the ongoing consolidation in the cybersecurity industry. As firms worldwide face an ever-more complex threat landscape, strategic integrations like this are critical in delivering comprehensive, scalable, and resilient security solutions.

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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