Reuters: “Cybersecurity Firm Cofense Says Pamplona To Sell Stake After U.S. Probe”

(Reuters) – U.S. cybersecurity firm Cofense Inc said on Wednesday that buyout firm Pamplona Capital Management is seeking to sell its stake in the company following a year-long probe by U.S. national security regulators.

Pamplona declined to comment.

The pressure to divest comes as Washington increases scrutiny on foreign ownership of U.S. technology companies, including by China, and is paying closer attention to deals that could compromise the personal data of U.S. citizens. The U.S. intelligence community’s 2019 Worldwide Threat Assessment report cited Russia’s efforts to interfere in the U.S. political system.

Refer Here for Original Post and Source https://blog.knowbe4.com/reuters-cybersecurity-firm-cofense-says-pamplona-to-sell-stake-after-u.s.-probe

Robert Crossland

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