After Imprivata (IMPR) announced that it is being acquired by Thoma Bravo for $19.25 per share, JPMorgan analyst Sterling Auty says the company is a "unique asset in security that could attract other attention through this process from one or two security companies, a couple of healthcare IT companies, and perhaps one other infrastructure software company." The deal valuation on 2016 estimates is below the traditional security deal range, but above what was just paid for AVG Technologies (AVG), Auty tells investors in a research note. He views the $13.6M break-up fee as small and not an obstacle for other potential bidders. The analyst has a Neutral rating on Imprivata. The stock is up 31% to $18.99 in early trading.