2 Acquisitions of Companies in the Cloud Security Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Cloud Security industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Cloud Security industry.

CBI acquired by Converge Technology Partners

Details about the transaction:

Acquisition amount:

$47,000,000

Announcement:

1 April 2022

Details about the company:

CBI is an IT firm dedicated to risk management and data security for enterprises.

Headquarter:

Troy, Michigan, United States

Where to find them:

Industry:

Cloud Infrastructure, Cloud Security, Cyber Security, Information Technology, Payments, Software

Details about the buyer:

Building a nationwide platform of regionally specific IT infrastructure companies is Converge Technology Partners' business.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Zebra Technologies acquired by Matrix

Details about the transaction:

Acquisition amount:

$18,500,000

Announcement:

2 January 2023

Details about the company:

Network and cyber security services and solutions are offered by IT firm Zebra Technologies to enterprises.

Headquarter:

Petah Tiqva, HaMerkaz, Israel

Where to find them:

Industry:

Cloud Security, Cyber Security, Information Technology, IT Infrastructure, Network Security

Details about the buyer:

An IT business called Matrix creates and uses goods, software, and technology.

Headquarter:

Herzliya, Tel Aviv, Israel

Where to find them: