Benzinga | Jul 20, 2020 09:15AM EDT

GlobalSCAPE And HelpSystems Sign Merger Agreement; HelpSystems To Acquire All Outstanding Shares Of GlobalSCAPE For $9.50/Share

SAN ANTONIO, July 20, 2020 /PRNewswire/ --GlobalSCAPE, Inc. (NYSE:GSB), and HelpSystems, LLC today jointly announced they have signed a definitive merger agreement under which HelpSystems will acquire all outstanding shares of GlobalSCAPE for $9.50 per share in cash. The combined company would focus on providing the most comprehensive collection of trusted security and automation solutions to customers worldwide.