Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

TPG Acquires Forcepoint’s Global Governments

July 11, 2023
Reading Time: 2 mins read
in News

 

Private equity firm TPG has announced its plans to acquire Forcepoint’s Global Governments and Critical Infrastructure (G2CI) business unit in a deal valued at approximately $2.5 billion.

The G2CI unit, originally established in 2018 as Forcepoint’s government cybersecurity division, will be spun out as an independent entity, focusing on enhancing the company’s data-first Secure Access Service Edge (SASE) offering with new capabilities and third-party integrations.

Francisco Partners, the previous owner of Forcepoint, will retain a minority stake in the government-focused unit while continuing to operate Forcepoint’s commercial cybersecurity business separately.

While the official price tag of the deal was not disclosed, the Wall Street Journal estimates it to be around $2.45 billion, more than double what Francisco Partners paid for Forcepoint in 2021.

TPG’s acquisition aims to provide the Forcepoint G2CI unit with increased flexibility and focus, enabling it to target the defense, intelligence, and critical national infrastructure markets on a global scale.

The G2CI unit initially focused on securing industrial control systems (ICS) in sectors such as energy, oil and gas, and critical manufacturing, offering behavior-based security products tailored for industrial environments and providing enhanced visibility into potential threats facing ICS networks.

The transaction is still subject to regulatory review and is expected to be finalized in the fourth quarter of 2023.

Reference:
  • TPG to buy Forcepoint’s government cyber unit in $2.45 billion deal, sources say
Tags: Cyber NewsCyber News 2023CyberattackCybersecurityG2CIGovernmentICSJuly 2023TPG
ADVERTISEMENT

Related Posts

Google Realeases Critical Chrome Update

Police Disrupt Diskstation Gang

July 16, 2025
Google Realeases Critical Chrome Update

China’s Salt Typhoon Hacked US Guard

July 16, 2025
Google Realeases Critical Chrome Update

Abacus Dark Web Market Exit Scam

July 16, 2025
Hacker Returns GMX Crypto For Bounty

Hacker Returns GMX Crypto For Bounty

July 15, 2025
Hacker Returns GMX Crypto For Bounty

Sinaloa Cartel Hired Cybersnoop For FBI Kill

July 15, 2025
Hacker Returns GMX Crypto For Bounty

UK Launches Vulnerability Research Program

July 15, 2025

Latest Alerts

Google Realeases Critical Chrome Update

Interlock deploys new PHP RAT via FileFix

Android Malware Konfety Evolves

NCC Urges Windows 11 Upgrade Cyber Defenses

FBI Seizes Multiple Game Piracy Sites

XORIndex Malware DPRK npm Attack

Subscribe to our newsletter

    Latest Incidents

    Albemarle County Ransomware Attack

    Fitify Leaks 138K User Progress Photos

    Millions Affected By Episource Data Breach

    Elmo Impersonator Posts Antisemitic Content

    PET Imaging Phishing Attack Hits

    Louis Vuitton Data Breach Global Impact

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial