Crossbeam Systems has been acquired by Thoma Bravo, a private equity firm, for an undisclosed sum. Crossbeam’s current senior management team will continue to manage the company.
Crossbeam is best known for its X-Series network security platform or network operators. The company is based in Boxborough, Mass. and has more than 200 employees worldwide.
Thoma Bravo currently manages a series of private equity funds representing almost...