Over the past several years, organizations have invested millions of dollars to protect the security and privacy of customer and employee data against malicious cyber-attacks from outside hackers and professional cyber-criminals.  

Proofpoint, Inc. has entered into a definitive agreement to acquire Nexgate, a pioneer in security and compliance solutions for social media communication channels, for approximately $35.0 million in cash. 

Proofpoint, Inc. today announced it has been positioned by Gartner, Inc. in the leaders quadrant of the 2014 Magic Quadrant for Enterprise Information Archiving. The report provides a detailed overview of the enterprise information archiving market and evaluates vendors based on completeness of vision and ability to execute.