The past year has seen a surge in cybersecurity-related mergers and acquisitions (M&As). A recent analysis by SecurityWeek revealed that more than 450 deals were announced in 2022. In March 2023, an additional 41 deals were announced, spanning a wide variety of companies and industries.
Notable deals include Akamai’s acquisition of Ondat, which specializes in cloud storage technology; Altamira Technologies Corporation’s purchase of Virginia Systems & Technology (VaST); ActiveFence’s acquisition of Rewire; Cuscal’s purchase of a majority stake in Basiq; Cherokee Federal’s acquisition of Criterion Systems; Cisco’s purchase of Lightspin; CyberRisk Alliance’s acquisition of KNOW Identity conference; Dekra’s purchase of Onward Security; HPE’s acquisition of Axis Security; Liquid Intelligent Technologies’ acquisition of Cysiv MEA; Optiv’s purchase of ClearShark; Mastercard’s acquisition of Baffin Bay Networks; Quadrant Private Equity’s purchase of three New Zealand-based cybersecurity firms; Rapid7’s acquisition of Minerva Labs; Rocket Software’s purchase of Key Resources; ScalePad’s acquisition of ControlMap; and Splashtop’s acquisition of Foxpass.
The surge in M&As reflects the growing importance of cybersecurity in the digital age. Companies are increasingly looking for solutions to protect their data and networks from cyber threats. These deals will help them access the latest technologies, broaden their capabilities, and gain a competitive edge in the market.
• SecurityWeek’s analysis revealed that more than 450 cybersecurity-related mergers and acquisitions were announced in 2022.
• In March 2023, an additional 41 deals were announced, spanning a wide variety of companies and industries.
• The surge in M&As reflects the growing importance of cybersecurity in the digital age.
• These deals will help companies access the latest technologies, broaden their capabilities, and gain a competitive edge in the market.