Imperva stock jumps 21% on report of possible IBM, Cisco buyout
Shares of Imperva jumped by 21 percent Friday on a report about who has shown an interest in acquiring the Redwood City security software company.
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.
The company hired Qatalyst Partners to look into possible options after an activist investor pressed it to consider...