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Proofpoint completes acquisition of messaging security provider

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Proofpoint completes acquisition of messaging security provider

Proofpoint Inc. has completed its acquisition of Cloudmark Inc., a provider of messaging security and threat intelligence for internet service providers and mobile carriers.

Cloudmark's global threat network will be incorporated into Proofpoint's cloud-based Nexus platform, which powers its email, social media, mobile and software-as-a-service security effectiveness.

Proofpoint does not expect the acquisition to have a material impact on its outlook for the fourth quarter or the full year 2017.

For 2018, Proofpoint expects Cloudmark to increase its revenue range by $20 million to $25 million, to reach a range of $664 million to $673 million. The deal is not expected to have a material impact on 2018 non-GAAP net income or free cash flow, the company said.