Cloud Stocks: Proofpoint Acquiring Even Amidst Crisis

According to a Fortune Business Insights report, the global cyber security market is estimated to grow at 13% CAGR to reach $281.74 billion by 2027 from $112 billion last year. The verdict is still out as to how will the recent global crisis impact the industry. San Francisco-based Proofpoint (Nasdaq: PFPT) recently announced its first quarter results that surpassed market expectations for the quarter.

Link: Cloud Stocks: Proofpoint Acquiring Even Amidst Crisis
via http://www.sramanamitra.com

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