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0 -0.0153387302939925 -0.0306774605879848 0.0126885385598636 -0.0626331487004688 -0.0573072006817214 -0.0564550489987219 -0.0541116318704731
Stock impact report

Rapid7 Announces Intent to Acquire DivvyCloud and Provides Preliminary First Quarter 2020 Financial Results

Rapid7, Inc. (RPD) 
Last rapid7, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rapid7.com
Company Research Source: GlobeNewswire
BOSTON, April 28, 2020 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leading provider of security analytics and automation, today announced that it has entered into a definitive agreement to acquire Divvy Cloud Corporation, a leader in Cloud Security Posture Management (CSPM). Under the terms of agreement, Rapid7 will acquire DivvyCloud for a total purchase price of approximately $145 million, subject to adjustments, to be paid in cash and stock. The acquisition is expected to close during the second quarter of 2020, subject to the satisfaction of customary closing conditions. As organizations accelerate their migration and adoption of cloud services, they need help bringing Security and DevOps teams together to understand and effectively manage the governance, risk and security of their cloud and container environments. Through DivvyCloud’s platform, Rapid7 customers will have the ability to innovate more securely, move out of data centers and into the cloud, and make infrastr Show less Read more
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