. Bolseth, who served as CEO of HelpSystems during the 2020 acquisition, identified Globalscape as a critical component for building a "triple-threat defense" against modern digital risks.
Globalscape is a smaller, specialized player in the MFT space, so many mid-level employees (like managers, sales directors, or dev leads) may not appear in mainstream news.
: She emphasizes "ruthless prioritization" and execution, fostering a culture of operational excellence and collaborative innovation. kate+bolseth+globalscape
: For her impact on the tech landscape, she was named a 2021 Woman in Business honoree by the Minneapolis/St. Paul Business Journal . The Acquisition: Why Globalscape?
) portfolio stands as a landmark event in the cybersecurity sector, orchestrated under the leadership of Kate Bolseth The Acquisition: Why Globalscape
In August 2020, HelpSystems acquired Globalscape for approximately . This was a strategic move to dominate the Managed File Transfer (MFT) market. Exclusive: HelpSystems CEO on why it bought Globalscape
: The acquisition was described as Fortra's largest at the time, aimed at creating a "triple-threat defense" against cybersecurity risks by combining the capabilities of GlobalSCAPE, GoAnywhere MFT, Titus, and Boldon James. Globalscape +2 Key Details of the Deal Feature Details Purchase Price $9.50 per share in cash Completion Date August 28, 2020 Core Product Enhanced Managed File Transfer (MFT) solutions Strategic Goal To secure and automate data movement across hybrid cloud environments Kate Bolseth's Leadership at Fortra 14 sites HelpSystems Completes Tender Offer to Acquire ... Aug 28, 2020 — specialized player in the MFT space
: Since joining the organization in 2015, she helped scale the company from a $100 million business to over $350 million through aggressive, targeted acquisitions.
Globalscape's products, such as its flagship Enhanced File Transfer (EFT) platform, were integrated alongside other HelpSystems brands like GoAnywhere MFT and Clearswift.