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One of London’s most widely known technology managers Poppy Gustafsson is readied to leave the British cybersecurity company Darktrace after its requisition by United States personal equity companyThoma Bravo
Gustafsson, that co-founded the company in 2013 with support from the late billionaire Mike Lynch, will be replaced by the company’s chief operating officer Jil Popelka, she claimed on ConnectedIn
“Darktrace has been a huge part of my life and my identity for over a decade and I am immensely proud of everything we have achieved in that time,” claimed Gustafsson, that was granted an OBE for solutions to cybersecurity in 2019.
“Now is the right time to hand over the reins so Jill can lead Darktrace through its transition into private ownership and beyond. I remain Darktrace’s number one fan,” she included.
Darktrace left the London Stock Exchange previously this year after it was taken control of in a ₤ 4.3 bn bargainwith US private equity firm Thoma Bravo The bargain went to a costs of 20 percent on its then-value on the London Stock Exchange.
It’s among numerous firms that have actually left the exchange in 2024 amid concerns they trade at a discount to international peers.
In 2018, Darktrace was summoned by United States authorities, that advised there was a danger of money-laundering insurance claims if its backing cash consisted of cash money created by the sale of Mike Lynch’s company Autonomy.
At the moment, Lynch remained in the middle of a complicated legal action with Hewlett Packard, that insisted that he had actually deceived the company right into paying too much for Autonomy, which it purchased for $11bn in 2011.
Last week, it was reported that Hewlett Packard Enterprise (HPE) was set to pursue the widow of Mike Lynch for up to $4bn (£3bn) in a continuation of its long-running claim.
