March 5, 2024 at 09:48AM
In February 2024, twenty-seven cybersecurity-related merger and acquisition deals were announced, including notable acquisitions such as 1Password acquiring Kolide, Armis acquiring CTCI for $20 million, and Cohesity’s $3 billion purchase of Veritas’ data protection business. Other deals involved companies such as F5, Resilience, and Spirit Technology Solutions.
It seems that there were a significant number of cybersecurity-related M&A deals announced in February 2024, with a diverse range of companies involved in these deals. Notable acquisitions include 1Password acquiring Kolide, Armis acquiring CTCI, and Cohesity acquiring Veritas data protection businesses. In addition, there were several other acquisitions in the cybersecurity sector, indicating a continuing trend of consolidation and strategic partnerships within the industry.