Advent stalls Forescout buyout due to COVID-19: WSJ

Advent International has delayed its previously announced $1.9 billion buyout of Forescout Technologies due to the COVID-19 pandemic, reported the Wall Street Journal.

Advent International has delayed its previously announced $1.9 billion buyout of Forescout Technologies due to the COVID-19 pandemic, reported the Wall Street Journal. The take-private deal was first announced in early February. Based in San Jose, California, Forescout is an IoT security company.

Source: WSJ