Rapid7 Inc , the cybersecurity firm that hired Twitter Inc whistleblower Peiter Zatko last month, is exploring options that include a possible sale after attracting acquisition interest, according to people familiar with the matter.
, the cybersecurity firm that hired Twitter Inc whistleblower Peiter Zatko last month, is exploring options that include a possible sale after attracting acquisition interest, according to people familiar with the matter.as it considers approaches from parties that include private equity firms, the sources said.
The discussions are at an early stage and no deal is certain, the sources added, asking not to be identified because the matter is confidential. Rapid7 spokespeople did not immediately respond to a request for comment. A Goldman Sachs spokesperson declined to comment. Rapid7 shares rose 23% to $48.93 in afternoon trading in New York on Wednesday, giving the company a market value of $2.9 billion. Prior to the news, they had dropped nearly 60% over the past year amid a broader sell-off in technology stocks and concerns about the company's competitive position.
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