ABST fundamentals

Absolute Software Corp. makes security work by empowering mission-critical performance with advanced cyber resilience. The company is based in Vancouver, Canada, and has subsidiaries in Canada, the Russian Federation, and the United States. The Canadian company's cyber resilience platform is embedded in over 600 million devices and provides endpoint-to-network access security coverage, automated security compliance, and operational continuity. With 21,000 customers trusting them, Absolute protects enterprise assets, fortifies security and business applications, and ensures a frictionless, always-on user experience. The company was founded in 1993, and Christy Wyatt has been the CEO since 2018. Absolute Software was acquired by Crosspoint Capital Partners LP on July 27, 2023, for $457.28 million.