Varonis 提交 DEFA14A：仅为 CEO 采访材料，Proofpoint 63 亿美元、49.75 美元/股全现金收购条款前一日已公布

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DEFA14A
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ea0308916-defa14a_varonis.htm
SOLICITING MATERIAL UNDER 240.14A-12
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No.      )
Filed by the Registrant
☒
Filed by a Party other than the Registrant
☐
Check the appropriate box:
☐
Preliminary Proxy Statement
☐
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☐
Definitive Proxy Statement
☐
Definitive Additional Materials
☒
Soliciting Material under § 240.14a-12
VARONIS SYSTEMS, INC.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
☒
No fee required
☐
Fee paid previously with preliminary materials.
☐
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11
This Schedule 14A filing consists of communications relating to the
Agreement and Plan of Merger, dated October 15, 2026, by and among Varonis Systems, Inc., a Delaware corporation (the “
Company
”),
Proofpoint, Inc., a Delaware corporation (“
Parent
”), and Vail Merger Sub, Inc., a Delaware corporation and a direct,
wholly owned subsidiary of Parent.
The following contains an interview given by Yakov Faitelson
, Chief Executive Officer of the Company to Calcalist on October 16, 2026.
“One plus one could equal five”: Varonis CEO on $6.3
billion Proofpoint deal
The Calcalist
Updated October 16, 2026
By Sophie Shulman
Yaki Faitelson says the companies’ complementary technologies
create an opportunity to build a major cybersecurity business as AI agents increase the need to protect sensitive data.
We started working on Varonis in 2005, when things were tough and there
was far less money in the cybersecurity sector than there is today. Along the way, we also navigated the 2008 financial crisis. We built
a deep-tech company with highly sophisticated technology, and today it has evolved into a platform projected to reach a $1 billion annual
revenue run rate by next year,” says Yaki Faitelson, co-founder and CEO of Varonis, in an interview with Calcalist following the
company’s $6.3 billion sale to American cybersecurity firm Proofpoint.
Faitelson, 51, founded Varonis alongside Ohad Korkus, who is no longer
with the company. For years, the two maintained a low profile and rarely gave interviews, until the acquisition was announced last night.
Proofpoint will acquire Varonis in an all-cash deal, and the Israeli-founded company will be delisted from Nasdaq. Although Varonis is
incorporated in the U.S., where most of its employees are based, its development center in Herzliya Pituach employs approximately 1,000
people.
Faitelson also lived in the U.S. for most of the company’s history
but returned to Israel in 2024, a decision he attributes to the outbreak of the war. “Given everything that happened, I felt there
was nowhere else to be,” he says.
An alumnus of the IDF’s Unit 81, Faitelson worked at NetApp before
founding Varonis. “From a young age, I felt that data wasn’t being sufficiently protected. We started with on-premises systems
and began transitioning to the cloud about five years ago. Today, nearly all our revenue comes from SaaS, which is growing at a rate of
25%, significantly outpacing our overall growth.
“Now, AI is providing a tailwind for the company. AI requires
data, yet it accesses that data autonomously, creating potential security risks. We have built a platform designed to secure data against
these AI agents while enabling them to work with that data.”
If everything is going so well, why sell now?
“Proofpoint approached us, and we saw a strong strategic fit
and a window of opportunity to build a major company in this space. I believe that, down the line, we could even acquire Israeli cybersecurity
companies, contributing to the local economy.
“It’s a great deal for our shareholders and employees,
with significant upside, including the possibility that the combined company could go public again in the future. The deal allows us to
pursue our goals together without getting lost inside a massive conglomerate.
“Proofpoint isn’t vastly larger than Varonis. It has 5,000
employees compared with our 2,800, and an annual revenue run rate of $2.7 billion. It has an extensive platform but lacks a product in
our specific category. This is a classic case in which one plus one could equal five.”
What will happen to your employees? How deep will the cuts be, as
often happens after acquisitions?
“It’s too early to discuss the workforce. Many details
have yet to be finalized. However, there is strong interest in Varonis’ development team, as well as in its marketing capabilities.
Naturally, every deal involves synergies, but the intention is to integrate Varonis employees into the broader platform.”
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Looking back, when you see much younger Israeli cybersecurity companies
being sold for billions, was it worth being a publicly traded company, or would it have been better to sell earlier?
“People at Varonis have made a lot of money over the years through
RSUs, or restricted stock units, and most employees still hold them today.
“From a historical perspective, companies like ours, CyberArk
and SolarEdge went public in a different era. That put Israel on the map and ultimately brought a great deal of capital into the country.
An IPO creates financial opportunities for founders and investors, and it allows you to control your own destiny.
“An exit is an exit, but we take pride in having weathered difficult
periods and built a company with a $1 billion revenue run rate, a company that could just as easily have been the acquirer. If you want
to control your own destiny, it’s better to be a public company.”
Forward-Looking Statements
This communication contains not only historical information, but
also forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements represent Varonis Systems, Inc.’s (the “Company”) expectations or beliefs concerning future
events, including the timing of the proposed transactions contemplated by the Agreement and Plan of Merger, dated October 15, 2026 (the
“Merger Agreement”), by and among the Company, Proofpoint, Inc. (“Parent”) and Vail Merger Sub, Inc. (“Merger
Sub”) and other information relating to the proposed transactions contemplated by the Merger Agreement (the “Transaction”).
Forward-looking statements include information concerning possible or assumed future results of operations of the Company, the expected
completion and timing of the proposed Transaction and other information relating to the proposed Transaction. Without limiting the foregoing,
the words “believes,” “anticipates,” “plans,” “expects,” “intends,” “forecasts,”
“should,” “estimates,” “contemplate,” “future,” “goal,” “potential,”
“predict,” “project,” “projection,” “may,” “will,” “could,” “would,”
“assuming” and similar expressions are intended to identify forward-looking statements. However, the absence of these words
does not mean that the statements are not forward-looking. Where, in any forward-looking statement, the Company expresses an expectation
or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking
statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other
factors beyond the Company’s control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast
in the forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to
differ materially from those described in the forward-looking statements: (i) the risk that the Transaction may not be completed
in a timely manner or at all, which may adversely affect the Company’s business and the price of the common stock of the Company,
(ii) the failure to satisfy the conditions to the consummation of the Transaction, including the adoption of the Merger Agreement
by the stockholders of the Company and the receipt of regulatory approvals from various governmental entities (including any conditions,
limitations or restrictions placed on these approvals) and the risk that one or more governmental entities may deny approval, (iii) the
occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, (iv) the risk
that the Merger Agreement may be terminated in circumstances that require the Company to pay a termination fee; (v) the effect of
the announcement or pendency of the Transaction on the Company’s business relationships, operating results and business generally,
including the Company’s ability to attract, integrate, develop, manage, retain and motivate qualified employees and senior leaders
as a result of such effects, (vi) risks that the proposed Transaction disrupts current plans and operations, (vii) risks related
to diverting management’s attention from the Company’s ongoing business operations, (viii) the outcome of any legal proceedings
that may be instituted against the Company related to the Merger Agreement or the Transaction, (ix) unexpected costs, charges or
expenses resulting from the proposed Transaction, (x) the ability to obtain the necessary financing arrangements set forth in the
commitment letters received in connection with the proposed Transaction; (xi) the impact of adverse macroeconomic or labor market
conditions, including the impacts of inflation and effects of geopolitical instability, (xii) risks caused by delays in upturns or
downturns being reflected in the Company’s financial position and results of operations, (xiii) uncertainty as to timing of
completion of the proposed Transaction, and (xiv) other factors described under the heading “Risk Factors” in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2025, the Company’s subsequent
Quarterly Reports on Form 10-Q, and in other reports and filings with the SEC. Forward-looking
statements speak only as of the date of this communication or the date of any document incorporated by reference in this document. The
Company cautions you that the important factors referenced above may not contain all of the factors that are important to you. In addition,
the Company cannot assure you that the Company will realize the results or developments expected or anticipated or, even if substantially
realized, that they will result in the consequences or affect the Company or the Company’s operations in the way the Company expects.
The forward-looking statements included in this communication are made only as of the date hereof. Except as required by applicable
law or regulation, the Company does not undertake to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
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Additional Information About the Acquisition and Where to Find It
This communication is being made in respect of the proposed Transaction
involving the Company, Parent, and Merger Sub. The Company expects to seek and intends to file with the SEC a proxy statement and other
relevant documents in connection with a special meeting of the Company’s stockholders for purposes of obtaining stockholder approval
of the proposed Transaction. The Company may also file other relevant documents with the SEC regarding the proposed Transaction. This
communication is not a substitute for the proxy statement or any other document that the Company may file with the SEC. The definitive
proxy statement (when available) will be sent or given to the stockholders of the Company and will contain important information about
the proposed Transaction and related matters. INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT
AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC BY THE COMPANY, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS,
CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE
PROPOSED TRANSACTION. Investors will be able to obtain a free copy of the proxy statement and other documents containing important information
about the Company and the proposed Transaction, once such documents are filed by the Company with the SEC at the SEC’s website
at
www.sec.gov
or from the Company at its website at
https://ir.varonis.com
.
Participants in the Solicitation
The Company, and certain of its directors and executive officers,
may be deemed to be participants in the solicitation of proxies in connection with the proposed Transaction. Information about the Company’s
directors and executive officers is set forth in (i) the Company’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2025, including under the headings “Item 10. Directors, Executive Officers and Corporate Governance”,
“Item 11. Executive Compensation”, “Item 12. Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters” and “Item 13. Certain Relationships and Related Transactions, and Director Independence”, which
was filed with the SEC on February 4, 2026, (ii) the Company’s Definitive Proxy Statement for its 2026 annual meeting of stockholders,
which was filed with the SEC on April 17, 2026, under the headings “Information Regarding the Board of Directors and Corporate
Governance”, “Director Compensation”, “Executive Officers”, “Compensation Discussion and Analysis”,
“Executive Compensation”, “Security Ownership of Certain Beneficial Owners and Management”, and “Transactions
with Related Persons”, (iii) in the supplemental information regarding the participants’ holdings of Company securities that
can be found in SEC filings on Statements of Change in Ownership on Form 4 filed with the SEC on June 2, 2026 (
available
here
) for Dov Gottlieb; on May 22, 2026 (
available
here
) for Guy Melamed; on May 1, 2026 (
available
here
) for Carlos Aued; on May 1, 2026 (
available
here
) for Kevin Comolli; on May 1, 2026 (
available
here
) for John J. Gavin, Jr.; on May 1, 2026 (
available
here
) for Gili Iohan; on May 1, 2026 (
available
here
) for Avrohom J. Kess; on May 1, 2026 (
available
here
) for Ohad Korkus; on May 1, 2026 (
available
here
) for Thomas Mendoza; on May 1, 2026 (
available
here
) for Rachel Prishkolnik; on May 1, 2026 (
available
here
) for Ofer Segev; and on May 1, 2026 (
available
here
) for Fred van den Bosch, (iv) the Company’s Current Reports on Form 8-K, which were filed on April 28,
2026, June 2, 2026 and July 28, 2026, (v) the Company’s Quarterly Reports on Form 10-Q which were filed on April 29, 2026 and July
29, 2026, and (vi) in subsequently filed Statements of Change in Ownership on Form 4, Current Reports on Form 8-K and
Quarterly Reports on Form 10-Q. Other information regarding the participants in the solicitation and a description of their
direct and indirect interests, by security holdings or otherwise, will be set forth in the Company’s definitive proxy statement
and other relevant materials to be filed with the SEC regarding the proposed Transaction when such materials become available. Investors
should read the proxy statement carefully when it becomes available. Copies of the documents filed with the SEC by the Company will be
available free of charge through the website maintained by the SEC at sec.gov and the Company’s website at
https://ir.varonis.com
.
No Offer
No person has commenced soliciting proxies in connection with the proposed
Transaction referenced in this communication, and this communication is neither an offer to purchase nor a solicitation of an offer to
sell securities.
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