PING Stock Recent News

TAMPA, Fla., & DENVER--(BUSINESS WIRE)--Syniverse, the world's most connected company®, and Ping Identity, a leader in securing digital identities for the world's largest enterprises, have entered a strategic relationship designed to optimize the delivery of SMS and voice communications for PingOne customers. This collaboration will enhance the reliability and efficiency of a wide range of notification services, including multi-factor authentication (MFA) and other critical alerts delivered via.

SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sift , the AI-powered fraud platform securing digital trust for leading global businesses, today announced a new integration with Ping Identity. The integration uses PingOne DaVinci™, a no-code identity orchestration service, and allows Ping Identity customers to leverage Sift's AI-powered platform to prevent account takeover (ATO) attacks and streamline the consumer experience.

"Mad Money" host Jim Cramer interviews Ping Identity CEO Andre Durand after the enterprise software company's latest quarterly earnings report. Durand also explained why identity management is becoming increasingly important.

Even in a more challenging economic environment, it is difficult to imagine companies deciding to cancel their cybersecurity subscriptions. U.S. ETF investors put more than $900 million toward cybersecurity-specific strategies during the first six months of 2022.

Private equity firm Thoma Bravo is acquiring identity security platform Ping Identity for approximately $2.4 billion, expanding further into the cybersecurity sector following the purchases of Sophos, Proofpoint and Sailpoint Technologies. The deal values Ping Identity shares at $28.50, a premium of 63% over the Aug. 2 closing price, according to the Wednesday (Aug.

The intelligent identity solutions specialist is going private.

Source: Christopher Penler / Shutterstock.com Ping Identity (NYSE: PING ) stock is rocketing higher on Wednesday after signing a $2.8 billion deal with software investment firm Thoma Bravo. This deal will have Thoma Bravo acquiring Ping Identity for $28.50 per share in cash.

Ping Identity (PING) delivered earnings and revenue surprises of -161.54% and 1.68%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is taking the company private for $2.8 billion. The news was announced at the same time that Ping was posting its Q2 earnings.

Shares of Ping Identity PING, +1.75% surged nearly 59% in premarket trading Wednesday after Thoma Bravo agreed to purchase the company for $28.50 a share in cash, with plans to take it private. The deal assigns an enterprise value of $2.8 billion.