CrowdStrike Hits Back at Action1 Following $1 Billion Acquisition Rumors

August 22, 2024 at 08:45AM CrowdStrike denied engaging in significant acquisition talks with Action1 amidst rumors of a potential $1 billion deal. This followed an email from Action1’s CEO confirming CrowdStrike’s interest in the acquisition. However, Action1 ultimately rejected the acquisition, prompting CrowdStrike to refute the claims, stating they only had one brief conversation and … Read more

Alphabet’s reported $23B bet on Wiz fizzles out

July 23, 2024 at 10:39AM Wiz has declined Alphabet’s $23 billion takeover bid, opting instead for an IPO and aiming for $1 billion in annual recurring revenue. Regulatory concerns may have played a part, given Google’s antitrust scrutiny. The cybersecurity firm, valued at $12 billion, has raised $1.9 billion in funding and acquired Gem Security, … Read more

CyberArk Picks Up Machine Identity Manager Venafi For $1.54B

May 20, 2024 at 05:09PM CyberArk will acquire Venafi for over $1.5 billion from Thoma Bravo to enhance its machine identity security. This move will enable CyberArk to address the increasing risk posed by machine identities in enterprise IoT environments and solidify its position as a market leader. The deal is expected to be completed … Read more

Akamai to Acquire API Protection Startup Noname Security for $450 Million 

May 7, 2024 at 11:00AM Akamai to acquire API protection company Noname Security for $450 million in the second quarter of 2024. Noname is known for top API security and reaching unicorn status in 2021. Integration will enhance Akamai’s API Security solution and bring $20 million revenue in fiscal year 2024. Noname’s CEO and employees … Read more

Wiz Acquires Gem Security, Pushes Security Tools Consolidation

April 12, 2024 at 12:48PM Cloud security vendor Wiz has acquired Gem Security, an Israeli startup specializing in cloud detection and incident response technologies, for approximately $350 million. Wiz CEO Assaf Rappaport aims to consolidate cloud security operations and strengthen their CDR capabilities. The acquisition aligns with Wiz’s ambition to lead the market and integrate … Read more

SentinelOne to Expand Cloud Security Capabilities With Acquisition of PingSafe

January 3, 2024 at 05:08PM SentinelOne, a leader in AI-powered security, has announced the acquisition of PingSafe to enhance its cloud security capabilities. By integrating PingSafe’s cloud native application protection platform with its own offerings, SentinelOne aims to provide a fully integrated platform for comprehensive cloud security. The acquisition is anticipated to close in the … Read more

Atos confirms talks with Airbus over cybersecurity wing sale

January 3, 2024 at 10:52AM Atos is in talks with Airbus to sell its tech security division to ease financial burdens. Airbus is expected to offer €1.5-1.8 billion and aims to grow its cybersecurity arm. Atos is considering major asset disposals to meet its maturing debts. The sale of business assets signals a change in … Read more

Proofpoint Signs Definitive Agreement to Acquire Tessian

November 1, 2023 at 03:47PM Proofpoint Inc. has announced that it will acquire Tessian, a company specializing in using advanced AI to detect and protect against accidental data loss and evolving email threats. The acquisition is expected to close in late 2023 or early 2024, pending regulatory approval. The addition of Tessian will enhance Proofpoint’s … Read more