(Reuters) – Cybersecurity firm Tenable Holdings is exploring options including a potential sale after receiving takeover interest, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Shares of the Columbia, Maryland-based company rose more than 9% in afternoon trading.
Tenable is working with advisers, the report said, adding that the talks are in the initial stage and there is no guarantee that it would lead to a deal.
The company has a market value of more than $5 billion.
Tenable declined to comment when contacted by Reuters.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Shailesh Kuber)
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source: https://theprint.in/tech/cybersecurity-firm-tenable-exploring-potential-sale-bloomberg-news-reports/2199513/
