Brief: Tenable Agrees To Acquire Bit Discovery

Tenable Holdings

26/04/2022 21:37

April 26 (Reuters) - Tenable Holdings Inc  TENB.O :
    * TENABLE AGREES TO ACQUIRE BIT DISCOVERY
    * TENABLE HOLDINGS INC SAYS CO WILL ACQUIRE BIT DISCOVERY
FOR
TOTAL PURCHASE PRICE OF $44.5 MILLION IN CASH, SUBJECT TO
CUSTOMARY PURCHASE PRICE ADJUSTMENTS
    * TENABLE HOLDINGS INC SAYS BIT DISCOVERY IS NOT EXPECTED TO
HAVE
A SIGNIFICANT IMPACT ON TENABLE'S FINANCIAL RESULTS IN Q2
    * TENABLE HOLDINGS - FOR SECOND HALF OF YEAR, REVENUE NOT
EXPECTED
TO BE SIGNIFICANT, BUT BIT DISCOVERY EXPECTED TO ADD $2-$3
MILLION OF CALCULATED CURRENT BILLINGS

Source text for Eikon:  ID:nGNX4lSbw7 
Further company coverage:  TENB.O 

 ((Reuters.Briefs@thomsonreuters.com;))