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Imperva stock soars on report of possible IBM, Cisco buyout


Business Journal
23 Sep 2016

Shares of Redwood City security software company Imperva spiked by more than 20 percent on a report that it might be acquired.

Bloomberg cited unnamed sources who said that Imperva (NYSE: IMPV) had attracted a number of potential buyers, including Cisco Systems, IBM, Forcepoint (jointly owned by Vista Equity Partners and Raytheon), Fortinet and Akamai Technologies.

A report over the summer said that the company had hired Qatalyst Partners to look into possible options after receiving takeover interest.

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