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MACOM Technology Solutions Holdings Set to Join S&P MidCap 400

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NEW YORK, Aug. 12, 2022 /PRNewswire/ -- MACOM Technology Solutions Holdings Inc. (NASD: MTSI) will replace SailPoint Technologies Holdings Inc. (NYSE: SAIL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, August 17. Thoma Brava is acquiring SailPoint Technologies Holdings in a deal expected to be completed soon pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name      

Action

Company Name

Ticker

GICS Sector

August 17, 2022

S&P MidCap 400

Addition

MACOM Technology Solutions

Holdings

MTSI

Information Technology


S&P MidCap 400

Deletion

SailPoint Technologies

Holdings

SAIL

Information Technology

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About SAIL

SailPoint, the leader in identity management, delivers an innovative approach to securing access across the enterprise with the SailPoint Predictive IdentityTM platform. With SailPoint, enterprises can ensure that everyone and everything has the exact access they need, exactly when they need it, intuitively and automatically. Powered by patented Artificial Intelligence (AI) and Machine Learning (ML) technologies, the SailPoint Predictive IdentityT M platform is designed to securely accelerate the business while delivering adaptive security, continuous compliance, and improved business efficiency. As an identity pioneer and market leader serving some of the world's most prominent global companies, SailPoint consistently pushes the industry to rethink identity to the benefit of their customers' dynamic business needs.