The variety of cybersecurity mergers and acquisitions offers in 2021 set a report tempo. The first three quarters of the yr noticed 151 transactions within the business, in keeping with 451 Research. That’s up from 94 for a similar interval in 2020. That pattern is more likely to proceed in 2022.
Many of the 2021 transactions CSO reported had been within the identity and cloud safety markets, particularly towards the tip of the yr. This pattern is more likely to proceed as these markets consolidate.
In all markets, bigger corporations wish to increase their capabilities. Recorded Future’s acquisition of SecurityTrails is an early 2022 instance, because it provides assault floor monitoring expertise to Recorded Future’s choices.
Last yr noticed some firms that aren’t primarily within the cybersecurity market purchase safety corporations to higher shield their data and prospects. In November 2021, international retailer Schwarz Group purchased cloud safety agency XM Cyber to boost the safety of its digital choices. This is more likely to proceed into 2022, as evidenced by Google Cloud’s acquisition of Siemplify. Google Cloud already affords a set of safety instruments to its cloud platform prospects. Siemplify enhances provides it enhanced safety orchestration, automation and response (SOAR) capabilities.
Below are the offers that CSO has chosen as probably the most vital of the yr. (This record is up to date periodically as new offers are introduced.)
Magnet Forensics acquires Comae Technologies’ property
May 5: Magnet Forensics, which sells forensics instruments to assist legislation enforcement and authorities organizations to research cybercrime, has bought the property of UAE-based Comae Technologies. The firm plans to proceed growth of Comae’s cloud-based reminiscence evaluation platform and incorporate the expertise into its options. “My team and I are thrilled to be continuing our work alongside the team at Magnet Forensics, where the incident response technology can help protect thousands of enterprises and communities from cybercrime,” stated Comae founder Mat Suiche in a weblog publish. Terms of the deal weren’t disclosed.
Vector Capital now the bulk proprietor of WatchGuard Technologies
April 27: Private fairness agency Vector Capital has acquired a majority stake in WatchGuard applied sciences, which affords community safety and intelligence, superior endpoint safety, multi-factor authentication (MFA), and safe Wi-Fi options. “Vector firmly believes in WatchGuard’s portfolio, partners, employees, and vision. This transaction is a testament to WatchGuard’s current success and the opportunity ahead,” stated WatchGuard CEO Prakash Panjwani in a press launch. “We believe Vector is well positioned to further accelerate WatchGuard’s growth strategy while preserving our company culture and commitment to security delivery through the MSP community.” Terms of the transaction weren’t disclosed.