More than 30 cybersecurity-related mergers and acquisitions were announced in January 2022.
MSSP and cybersecurity consulting company Cerberus Sentinel announced the acquisition of True Digital Security, which provides security operations center (SOC) and other cybersecurity services. True Digital will become a wholly owned subsidiary of Cerberus Sentinel. The deal will help Cerberus expand its security services and network monitoring capabilities.
Cloud technology solutions provider ConvergeOne has acquired IT services engineering firm Integration Partners. Both companies offer managed cybersecurity services. ConvergeOne said the deal will enable it to expand in the United States.
Cyber insurance company Corvus has announced buying UK-based cyber underwriting platform Tarian Underwriting Limited from Beat Capital Partners. Following the acquisition, Tarian will become Corvus Underwriting Limited. Tarian’s global presence will help Corvus expand its international footprint.
IT and cybersecurity services provider Dataprise has acquired Global Data Vault, which specializes in data protection, disaster recovery and backup services. Dataprise said the acquisition will help it expand its disaster-recovery-as-a-service (DRaaS) and data protection offerings.
TLS, IoT and other PKI solutions provider DigiCert has acquired IoT cybersecurity company Mocana. The deal will help accelerate DigiCert’s presence in the IoT market, and their combined technologies will provide IoT manufacturers and operators a comprehensive platform for managing security across the IoT device lifecycle.
US-based IT and cybersecurity services provider Executech has acquired Canada-based IT support provider Dyrand systems. Dyrand will continue to operate as a stand-alone entity under its current brand. Dyrand says the affiliation with Executech will enable it to provide “more robust cybersecurity tools and services” to its clients.
Threat intelligence company Flashpoint has acquired Risk Based Security (RBS), which specializes in vulnerability and data breach intelligence. Vulnerability data and technology from RBS will be integrated into Flashpoint’s platform.
Private equity firm Godspeed Capital has acquired Exceptional Software Strategies (ESS), a government contractor specializing in cybersecurity, software and systems engineering. ESS will join Godspeed’s recently formed cyber and technology solutions platform holding company.
Google has expanded its push into the cybersecurity business with a new deal to acquire Siemplify, an Israeli startup selling SOAR technology. Google acquired Siemplify reportedly for $500 million, and it plans on pairing the company’s SOAR technology with its own Chronicle platform.
Content governance, compliance and protection solutions provider Kiteworks has acquired Switzerland-based totemo, which specializes in email encryption, secure managed file transfer, and secure mobile communication. The acquisition will help Kiteworks automate and extend its platform’s email encryption capability.
Proofpoint announced buying Dathena, a Singapore-based company that specializes in data protection. Proofpoint said the deal will help strengthen its enterprise information protection offering.
Threat intel company Recorded Future is shelling out $65 million to purchase SecurityTrails, a startup that helps organizations keep track of internet-facing assets. With this transaction, Recorded Future gets a direct entry into the competitive Continuous Attack Surface Management business.
Managed detection and response (MDR) firm SilverSky has acquired cybersecurity-as-as-service provider Cygilant. The transaction will help SilverSky expand globally and gain cybersecurity and data science talent.
Managed services provider (MSP) Thrive has acquired MSP InCare Technologies. The acquisition will enable Thrive to extend its cloud and cybersecurity managed services platform to clients in the Southern United States.
Managed services provider VC3 announced the acquisition of IT management services provider CW Technology. Both companies offer cybersecurity services.
Managed infrastructure solutions provider 11:11 Systems has acquired iland, a cloud services provider that specializes in hosting for infrastructure (IaaS), disaster recovery (DRaaS), and backup as a service (BaaS). This deal follows the acquisition of Green Cloud Defense and it will enable 11:11 to provide a solution for managing and monitoring hybrid infrastructure across cloud, connectivity and security.
Government contractor CACI International has announced the acquisition of ID Technologies, which specializes in enterprise IT, infrastructure-as-a-service, and network modernization solutions. The acquisition will help CACI expand its secure network modernization capabilities, and address secure network and remote access challenges.
Canon Business Services (CBS) has bought Microsoft cloud and security partner Satalyst as part of its growth strategy in Australia and New Zealand. CBS said the deal will help it strengthen application, security, data and AI capabilities.
Edtech company Cengage Group has entered an agreement to acquire cybersecurity education provider Infosec for $190.8 million. The acquisition will help Cengage expand into the cybersecurity professional training market. Infosec will join Cengage Group’s ed2go business, and Cengage will retain and invest in Infosec employees and products to support growth.
Managed IT services provider Centaris, created in 2021 as a result of the merger between the Center for Computer Resources (CCR) and Business Communication Systems (BCS), acquired MSP VisiCom for its virtual CIO and cybersecurity services.
MSPs CompuVision Systems and VC3 have merged. The goal of combining Canada-based VC3 with US-based CompuVision is to create a “North American leader in IT management and cybersecurity services.” Following an integration period, the firms will combine their operations under the VC3 brand. Earlier in January, VC3 completed the acquisition of CW Technology.
MSP technology company Datto has acquired Infocyte, which provides EDR technologies and MDR services. Datto says the deal will help it extend its security capabilities, particularly threat detection and response on endpoints and cloud environments.
Private investment firm Enlightenment Capital announced buying Boecore, an aerospace and defense engineering company that specializes in software solutions, systems engineering, cybersecurity, enterprise networks and mission operations. Boecore, which provides its services to the US government, said the partnership with Enlightenment will allow it to pursue more contracts and expand its capabilities, including cyber readiness.
IT services provider Netrix has acquired cybersecurity and digital forensics solutions company BTB Security. Netrix aims to expand its managed security portfolio and its ability to deliver cybersecurity consulting services to SMBs.
Cloud security firm Orca Security has acquired web application security provider RapidSec. Both companies are based in Israel, but Orca also has an HQ in the United States. RapidSec’s technology will be integrated into the Orca cloud security platform.
Fintech company Plaid has acquired identity verification and compliance solutions provider Cognito, reportedly for $250 million in cash and stock. Plaid hopes that Cognito’s technology will help developers improve onboarding experiences.
Private investment firm PSP Capital is acquiring Ntiva, a provider of managed IT services, managed security services, strategic consulting, cloud solutions, and unified communications.
IT management solutions provider SolarWinds has acquired Monalytic, a monitoring, analytics, and professional services company. SolarWinds said the addition of Monalytic will help federal customers optimize and secure their IT environments.
Government technology contractor Sigma Defense has acquired SOLUTE, which specializes in system modernisation, with a focus on cybersecurity, cloud architectures, software engineering, and DevSecOps for the US Department of Defense. The deal will help Sigma expand its portfolio.
Threat detection and response company Vectra has acquired Siriux Security Technologies, which focuses on identity and SaaS posture management. Following the acquisition, Vectra will enable customers to securely configure and detect threats in cloud identity and SaaS applications. Siriux will operate under the Vectra brand.
Affiliates of investment firms Vista Equity Partners and Evergreen Coast Capital are acquiring Citrix in an all-cash transaction valued at $16.5 billion. Following the acquisition, Citrix will go private and will be combined with enterprise data management firm TIBCO. Citrix said the deal will enable it to expand its platform for secure hybrid work.
Growth equity firm Worklyn Partners announced buying MDR provider Quadrant Information Security. Worklyn’s investment will enable Quadrant to scale its technology platform and accelerate growth.
*updated to add Citrix acquisition