13 Acquisitions of Companies in the Cyber Security Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Cyber 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 13 acquisitions that took place in the Cyber Security industry.

Consoden AB acquired by CAG Group

Details about the transaction:

Acquisition amount:

$2,521,883

Announcement:

20 January 2020

Details about the company:

Consoden is a consulting company that specializes in developing cutting-edge business and systems where security and dependability are crucial.

Headquarter:

Uppsala, Uppsala Lan, Sweden

Where to find them:

Industry:

Consulting, Cyber Security, Information Technology, Security

Details about the buyer:

An IT company called CAG Group provides business consultancy and experienced specialists.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Radiflow acquired by Sabancı Holding

Details about the transaction:

Acquisition amount:

$45,000,000

Announcement:

29 April 2022

Details about the company:

A firm called Radiflow specializes in OT cybersecurity and provides one-of-a-kind technologies for long-term management and protection of digital OT assets.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Security

Details about the buyer:

The parent firm of Turkey's largest industrial and financial conglomerate, Sabanc Group, is Sabanc Holding.

Headquarter:

Istanbul, Istanbul, Turkey

Where to find them:

SECDO acquired by Palo Alto Networks

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

10 April 2018

Details about the company:

SECDO creates ground-breaking technologies that let security operations teams respond to incidents in minutes rather than hours.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Cyber Security, Network Security, Security

Details about the buyer:

International cybersecurity firm Palo Alto Networks provides businesses with cybersecurity solutions.

Headquarter:

Santa Clara, California, United States

Where to find them:

SecurityDAM's acquired by Radware

Details about the transaction:

Acquisition amount:

$30,000,000

Announcement:

17 February 2022

Details about the company:

a cloud-based solution for stopping Distributed Denial of Service (DDoS) assaults.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Security, Service Industry, Software

Details about the buyer:

For virtual and cloud data centers, Radware delivers application delivery and security solutions.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Solebit acquired by Mimecast

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

31 July 2018

Details about the company:

When it comes to identifying and thwarting APTs and zero-day attacks, Solebit employs a non-behavioral strategy.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Computer, Cyber Security, Information Technology, Network Security, Real Time, Software

Details about the buyer:

A SaaS-based email management tool called Mimecast enables businesses to manage data and business conversations.

Headquarter:

London, England, United Kingdom

Where to find them:

WhiteCanyon Software acquired by Blancco Oy

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

9 June 2022

Details about the company:

Leading provider of permanent deletion technology for safely wiping HDD, SSD, and NVMe devices is WhiteCanyon Software.

Headquarter:

American Fork, Utah, United States

Where to find them:

Industry:

Cyber Security, Hardware, Information Technology, Internet, Privacy, Security, Software

Details about the buyer:

Data erasure software for the financial, banking, data center, healthcare, military, and governmental sectors is offered by Blancco Oy.

Headquarter:

Joensuu, Eastern Finland, Finland

Where to find them:

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:

Spectral acquired by CloudGuard

Details about the transaction:

Acquisition amount:

$60,000,000

Announcement:

1 February 2022

Details about the company:

Israeli firm Spectral is a leading pioneer in developer-first security products created by developers for developers.

Headquarter:

Tel Aviv-yafo, Tel Aviv, Israel

Where to find them:

Industry:

Cyber Security, Developer Platform, Developer Tools, Software

Details about the buyer:

CloudGuard offers superior threat prevention and cloud-native security for all workloads and assets in public, private, and hybrid clouds.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

CloudCodes acquired by Plurilock

Details about the transaction:

Acquisition amount:

$1,700,000

Announcement:

21 October 2021

Details about the company:

The Cloud Access Security Broker (CASB) solution is offered by CloudCodes.

Headquarter:

Pune, Maharashtra, India

Where to find them:

Industry:

Cyber Security, Enterprise Software, Information Services, Information Technology, Security, Software

Details about the buyer:

Using behavioral-biometric and machine learning technologies, Plurilock offers invisible MFA and continuous authentication.

Headquarter:

Victoria, British Columbia, Canada

Where to find them:

HexaTier acquired by Huawei Technologies

Details about the transaction:

Acquisition amount:

$42,000,000

Announcement:

27 December 2016

Details about the company:

Utilizing proprietary database reverse proxy technology, HexaTier offers integrated database security solutions.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Cloud Data Services, Cyber Security, Database, Security, Software

Details about the buyer:

Software and hardware for infrastructure applications are offered by Huawei Technologies using wireline, wireless, and IP technologies.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

LEVL Technologies acquired by Comcast

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

20 June 2022

Details about the company:

A device intelligence and identification platform from LEVL Technologies strikes a balance between user privacy and network visibility.

Headquarter:

Palo Alto, California, United States

Where to find them:

Industry:

Cyber Security, Internet of Things, Network Security, Software

Details about the buyer:

Millions of people are connected by Comcast, a media and technology corporation, to the moments and encounters that matter most.

Headquarter:

Philadelphia, Pennsylvania, United States

Where to find them:

Netbull acquired by ADACOM

Details about the transaction:

Acquisition amount:

$6,800,408

Announcement:

19 April 2022

Details about the company:

With an emphasis on Incident Response and Cyber Security Incident Monitoring & Prevention services, Netbull offers cybersecurity services.

Headquarter:

Kallithéa, Attiki, Greece

Where to find them:

Industry:

Cyber Security, Information Technology

Details about the buyer:

Enterprise Software & IT Security

Headquarter:

London, England, United Kingdom

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: