Twenty-one cybersecurity-related merger and acquisition (M&A) deals were announced in December 2022. SecurityWeek will soon publish an analysis of the 450 M&A deals reported in 2022.
AlgoSec, a company that specializes in securing application connectivity, has acquired Prevasio, an agentless cloud-native application protection platform that includes cloud security posture management, antimalware scanning, vulnerability assessment, and container analysis. AlgoSec said its goal is to disrupt the agentless cloud security market.
Booz Allen Hamilton’s Managed Threat Services (MTS) business has merged with MSSP Security On-Demand to launch a new organization and brand called DeepSeas. DeepSeas will offer threat detection, analytics, and data science, as well as expert workflow and intelligence.
Deloitte has acquired Makros, a Chile-based cybersecurity consulting firm specializing in perimeter security, cloud security and identity management. The deal enables the consulting giant to grow its cybersecurity operations.
Canada-based investment firm Delphia has acquired Fathom Privacy, a company that enables secure user data sharing with applications. Delphia will integrate the core technology from Fathom to interact with user data.
Government contractor DLH Holdings has acquired Grove Resource Solutions, Inc. (GRSi), which provides cloud-based enterprise modernization and cybersecurity solutions to civilian and military federal agencies. The deal helps DLH strengthen its IT and cyber capabilities.
Germany-based security technology group Giesecke+Devrient (G+D) has increased its stake in Swiss software company Netcetera, from 30 to 60%. Both companies offer payment security solutions and the deal will enable them to expand their capabilities.
Technology solutions provider Heartland Business Systems (HBS) has announced buying information security company Pratum, which provides consulting, assessment and SOC services. The deal helps HBS expand its cybersecurity portfolio and offerings.
Technology advisory and lifecycle management company Bluewave Technology Group has merged with technology advisory service firm Helm Partners. The combination of Helm and Bluewave will create one of the largest technology agencies in the US, offering white glove lifecycle management solutions with deep expertise and critical capabilities, including security and customer experience.
Data security software vendor Netwrix has acquired Remediant, an early-stage startup working on technology in the PAM (privileged access management) category.
Enterprise security vendor Proofpoint announced plans to buy Illusive Networks, a startup that helped pioneer deception technology for detecting data breaches. The transaction is part of Proofpoint’s plans to become a full-fledged enterprise security powerhouse.
RTK-Solar, a subsidiary of Russian digital services giant Rostelecom, has acquired New Security Technologies, a cybersecurity firm that specializes in identity and access management solutions.
The Sesa Group, through Var Group, has announced the acquisition of a majority stake in Cyres Consulting Services, a German firm specializing in automotive cybersecurity consulting. The deal enables Var Group to further strengthen its capabilities.
Application security testing firm Veracode has purchased Germany-based software security tool developer Crashtest Security. The deal helps Veracode enhance its dynamic application security testing (DAST) capabilities.
SecurityWeek is tracking deals involving managed security services providers (MSSPs) and distributors separately. Here is a list of deals from the first half of December 2022:
*updated on January 4 to add 5 deals