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Cybersecurity M&A Roundup: 32 Deals Announced in January 2022

Cybersecurity M&A Roundup for January 2022

More than 30 cybersecurity-related mergers and acquisitions were announced in January 2022.

Cybersecurity M&A Roundup for January 2022

More than 30 cybersecurity-related mergers and acquisitions were announced in January 2022.

January 1-16

Cerberus Sentinel acquires True Digital Security

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.

ConvergeOne acquires Integration Partners

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.

Corvus acquires Tarian

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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.

Dataprise acquires Global Data Vault

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.

DigiCert acquires Mocana

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.

Executech acquires Dyrand Systems

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.

Flashpoint acquires Risk Based Security

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.

Godspeed Capital acquires Exceptional Software Strategies

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 acquires Siemplify

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.

Kiteworks acquires totemo

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 acquires Dathena

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.

Recorded Future acquires SecurityTrails

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.

SilverSky acquires Cygilant

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.

Thrive acquires InCare Technologies

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.

VC3 acquires CW Technology

Managed services provider VC3 announced the acquisition of IT management services provider CW Technology. Both companies offer cybersecurity services.

January 17-31

11:11 Systems acquires iland

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.

CACI acquires ID Technologies

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 acquires Satalyst

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.

Cengage Group acquires Infosec

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.

Centaris acquires VisiCom Services

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.

CompuVision Systems merges with VC3

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.

Datto acquires Infocyte

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.

Enlightenment Capital acquires Boecore

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.

Netrix acquires BTB Security

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.

Orca Security acquires RapidSec

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.

Plaid acquires Cognito

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.

PSP Capital acquires Ntiva

Private investment firm PSP Capital is acquiring Ntiva, a provider of managed IT services, managed security services, strategic consulting, cloud solutions, and unified communications.

SolarWinds acquires Monalytic

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.

Sigma Defense acquires SOLUTE

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.

Vectra Acquires Siriux Security Technologies

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.

Vista Equity Partners and Evergreen Coast Capital acquire Citrix

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.

Worklyn Partners acquires Quadrant Information Security

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

Related: Cybersecurity M&A Roundup: 40 Deals Announced in November 2021

Related: Cybersecurity M&A Roundup: 35 Deals Announced in December 2021

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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