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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.
The post Mobile security firm Zimperium to be acquired by Steven Mnuchin’s private equity group appeared first on CyberScoop.
Skyhigh is essentially the last piece of the puzzle created by Symphony Technology Group’s shakeup of several big cybersecurity brands.
The post Private equity firm that created Trellix spins off another cyber business, Skyhigh Security appeared first on CyberScoop.
The acquisition of Attivo Networks “is a natural platform progression” for SentinelOne, said COO Nicholas Warner.
The post SentinelOne to acquire identity security firm Attivo Networks for $616.5M appeared first on CyberScoop.
Continue reading SentinelOne to acquire identity security firm Attivo Networks for $616.5M
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. […]
The post Google has ‘definitive agreement’ to buy Mandiant for $5.4B appeared first on CyberScoop.
Continue reading Google has ‘definitive agreement’ to buy Mandiant for $5.4B
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 […]
The post Inside the numbers of another big year for cyber mergers, acquisitions and investments appeared first on CyberScoop.
Silicon Valley cybersecurity company Forescout Technologies said Tuesday that it is acquiring CyberMDX, a medical-device security company known for its research into potential cyberthreats against health care technology. CyberMDX is a natural fit for Forescout, which focuses on securing connected devices and operational technology (OT) for large organizations — including what the industry calls the Internet of Medical Things (IoMT). Terms of the deal were not disclosed. “Cybersecurity for IoMT, much like cybersecurity for OT devices, requires specific expertise and technologies,” Forescout CEO Wael Mohamed said. “We are pleased to have the CyberMDX team join Forescout as we continue delivering new capabilities on our market-leading platform and grow our R&D center.” Research by CyberMDX has been responsible for shedding light on critical vulnerabilities in widely used medical imaging devices, patient monitors, anesthesia machines and infusion pumps. Forescout’s platform specializes in “device intelligence and network fabric technology,” or finding and classifying […]
The post Forescout acquires medical IoT security company CyberMDX appeared first on CyberScoop.
Continue reading Forescout acquires medical IoT security company CyberMDX
Mergers and acquisitions (M&A) have been challenging for IT and security teams for as long as businesses have relied on technology. Every company’s IT system is as unique as the company itself. Your business may run on commonly used tools and apps, and industry best practices to deploy and configure them. Nevertheless, these systems get […]
The post Using Open-Source Intelligence for Mergers and Acquisitions appeared first on Security Intelligence.
Continue reading Using Open-Source Intelligence for Mergers and Acquisitions
Fivetran, the data connectivity startup, had a big day today. For starters it announced a $565 million investment on a $5.6 billion valuation, but it didn’t stop there. It also announced its second acquisition this year, snagging HVR, a data integration competitor that had raised more than $50 million, for $700 million in cash and […] Continue reading Fivetran hauls in $565M on $5.6B valuation, acquires competitor HVR for $700M
From a high level, all of the recent deal-making in corporate cards and spend management shows that it’s not enough to just help companies track what employees are expensing these days. Continue reading Ramp and Brex draw diverging market plans with M&A strategies