SIRIS CAPITAL GROUP to acquire GIGAMON

SIRIS CAPITAL GROUP has agreed to acquire Gigamon in a private equity acquisition within the software and IT services sector. The transaction was announced on 30 January 2025, with the deal value remaining undisclosed as no specific figure or currency was reported. The consideration structure involves a mix of cash and equity instruments, though the specific allocation has not been detailed in available records. This move represents a significant capital injection for the target company, allowing it to continue its operations under new ownership without immediate public listing requirements.

The deal is currently subject to regulatory approval and other customary closing conditions before completion can occur. SIRIS CAPITAL GROUP will assume full control of the business, marking a strategic shift in the company's ownership structure. The transaction status remains in review as of the announcement date, pending final clearance from relevant authorities. No specific timeline for the completion of the acquisition has been confirmed at this stage.