# Santa Clara's Gigamon Owners Explore $2B+ Sale

Gigamon’s owners, Elliott Investment Management and Siris, are reportedly exploring an early-stage sale of the Santa Clara-based network-monitoring and cybersecurity software provider at a valuation exceeding $2 billion. No transaction has been announced. Because the U.S. Department of Defense is among Gigamon’s customers, a change in ownership could be relevant to contractors and procurement teams assessing technology-provider continuity, but this is not a new government solicitation or contract award.

- Companies that use or integrate Gigamon technology in DoD work can assess potential ownership-change implications for service continuity and their existing supplier relationships; the signal does not identify any specific contract impact.
- The reported valuation may make Gigamon’s ownership transition relevant to industry stakeholders and competitors in network monitoring and cybersecurity software.
- No procurement action or transaction deadline is identified; the sale remains exploratory and unannounced.

**Jurisdictions:** federal
**Industries:** Information Technology
**Topics:** Cybersecurity
**Published:** October 09, 2026

### Government Entities
- U.S. Department of Defense (DoD)

### Vendors
- Gigamon (Network-monitoring and cybersecurity software provider; potential sale target)
- Elliott Investment Management (Owner exploring a potential sale)
- Siris (Owner exploring a potential sale)

### Sources
- [Gigamon Sale Talks: Santa Clara Firm Could Fetch $2B+](https://hoodline.com/2026/10/santa-clara-s-gigamon-could-fetch-over-2-billion-in-new-sale-talks) - Hoodline