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Tuesday, October 15, 2024
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HomeTechCybersecurity firm Tenable exploring potential sale, Bloomberg News reports

Cybersecurity firm Tenable exploring potential sale, Bloomberg News reports

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(Reuters) – Cybersecurity firm Tenable Holdings is exploring options including a potential sale after receiving takeover interest, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Shares of the Columbia, Maryland-based company rose more than 9% in afternoon trading.

Tenable is working with advisers, the report said, adding that the talks are in the initial stage and there is no guarantee that it would lead to a deal.

The company has a market value of more than $5 billion.

Tenable declined to comment when contacted by Reuters.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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