M&A
confidence high
sentiment neutral
materiality 0.60
JFrog completes $300M acquisition of Vdoo to add security to DevOps platform
JFrog Ltd
- Acquisition of Vdoo Connected Trust Ltd. closed; deal valued at ~$300M on cash-free, debt-free basis.
- Consideration: ~$210M in cash plus ~1.93 million JFrog ordinary shares.
- Aims to deliver end-to-end continuous security from development to device as part of JFrog's DevOps Platform.
- JFrog to provide financial updates on Q2 2021 earnings call scheduled for August 5, 2021.