Reported 1 day ago
JFrog Ltd., a toolmaker for software developers, has attracted preliminary takeover interest from private equity firms like Permira and Hellman & Friedman, according to sources familiar with the matter. Despite the speculation, JFrog stated it is not currently engaged in any M&A discussions and has seen a recent rise in its stock price, closing at $31.05 after a difficult fiscal outlook reduced its revenue guidance.
Source: YAHOO