Blue Coat Acquisition Approved By Shareholders

The Blue Coat Systems acquisition by the private equity firm Thoma Bravo was approved today, February 13, 2012 during the shareholder meeting in Sunnyvale, CA. The result of this is that Blue Coat has now been taken private, and will no longer be a publicly traded company. What effect this has on the product and roadmap remains to be seen, but the company claims this will help them focus on the product without having to worry about shareholders.