Trustwave and Cybereason announce merger
The deal is expected to fully close in early 2025.
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Collaborate Disseminate
The deal is expected to fully close in early 2025.
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The cybersecurity firms plan on integrating security solutions once the deal closes in early 2025.
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The financial giant expects the deal to close by the first quarter of 2025.
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This year marked the 19th season of the National Collegiate Cyber Defense Competition (NCCDC). For those unfamiliar, CCDC is a competition that puts student teams in charge of managing IT for a fictitious company as the network is undergoing a fundamental transformation. This year the challenge involved a common scenario: a merger. Ten finalist teams […]
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On Thursday Cisco agreed to buy Splunk in a $28 billion deal intended to address AI-enabled security and observability issues. Continue reading Cisco to Acquire Splunk for $28 Billion, Accelerating AI-Enabled Security and Observability
The former Treasury Secretary’s Liberty Strategic Capital has made a string of investments in cybersecurity businesses.
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Skyhigh is essentially the last piece of the puzzle created by Symphony Technology Group’s shakeup of several big cybersecurity brands.
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The acquisition of Attivo Networks “is a natural platform progression” for SentinelOne, said COO Nicholas Warner.
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Mandiant, one of the cybersecurity industry’s marquee names in threat intelligence and incident response, is being acquired by Google, the two companies said Tuesday. Google has a “definitive agreement” for an all-cash transaction worth about $5.4 billion, the tech giant said in a news release. Mandiant will join the Google Cloud unit, specifically, with the goal of boosting its security offerings, the companies said. “Cyber security is a mission, and we believe it’s one of the most important of our generation. Google Cloud shares our mission-driven culture to bring security to every organization,” Mandiant CEO Kevin Mandia said in a separate news release. The Google deal isn’t a total surprise, but it wasn’t exactly the acquisition news that many were watching for. Reports in February had said Microsoft was in talks to buy Mandiant. The Google deal represents another high-profile cybersecurity acquisition in an industry already active with such deals. […]
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Sustained demand for cybersecurity services and continued innovation across the industry helped 2021 become a record-setting year for deals involving cyber companies, analysts say. The funding that flowed into cyber companies increased 136% over 2020 levels, to $29.3 billion, up from $12.4 billion the previous year, according to the executive summary of a report from Momentum Cyber, which advises cyber companies on mergers and acquisitions. Likewise, the total volume of mergers and acquisitions activity reached $77.5 billion, up 294% from calendar year 2020, according to the report. Several trends are driving those numbers, analysts and executives say: Companies across the economy have expanded their budgets for reliable cybersecurity services, boosting revenues for the industry. In turn, big investors — including private equity groups and venture capitalists — are following that money. And as cyberthreats increase in severity and complexity, smaller firms continue to develop valuable expertise in niche areas of […]
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