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simonsarris on Feb 24, 2022 | parent | context | favorite | on: Cloudflare to acquire Area 1 Security for $162M

Well it's a 50% stock deal and Cloudflare's stock is a tad down from their high, too.

tick_tock_tick on Feb 24, 2022 [–]

The whole SAAS sector have gotten killed lately. If Area 1 wanted an public exit via IPO they'd probably have received the same reduction in valuation. It's an odd time for an exit with how the market has been.

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