Vancouver’s Absolute Software has agreed to be acquired by private equity firm Crosspoint Capital Partners, with shareholders set to receive US$11.50 per share in cash.
Absolute built the industry’s only self-healing security platform, embedding resilience and zero trust access directly into device firmware for more than 21,000 customers worldwide. Crosspoint, a cybersecurity-focused investor, says it will drive the company’s next phase of growth. The deal gives shareholders immediate cash value while taking Absolute private. Its technology reaches customers through OEM partners and a global reseller network.
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