Jamf announced it signed a definitive agreement to acquire Identity Automation. Under the terms of the purchase agreement, Jamf will acquire Identity Automation for approximately $215M in cash consideration, subject to customary adjustments as set forth in the purchase agreement. The deal is expected to close by the end of the second quarter of fiscal year 2025, and is subject to customary closing conditions.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JAMF:
- Jamf Holding’s Mixed Outlook: Hold Rating Amid Economic Challenges and Revised Forecasts
- Jamf Holding Corp’s Earnings Call Highlights Strong Growth and Positive Outlook
- Jamf Holding price target lowered to $27 from $30 at Citizens JMP
- Jamf Holding price target lowered to $19 from $21 at Canaccord
- Jamf Holding: Strong Financial Performance and Growth Prospects Justify Buy Rating