Forty-nine cybersecurity-related merger and acquisition (M&A) deals were announced in November 2024. This was a record month for 2024 in terms of M&A deals.
An analysis conducted by SecurityWeek shows that 178 cybersecurity M&A deals were announced in the first half of 2024, representing the least busy half year since SecurityWeek started tracking M&A deals in 2021.
Here is a list of the most important cybersecurity M&A deals announced in November 2024:
Networking and security products manufacturer Belden and its wholly owned subsidiary Hirschmann Automation and Control have acquired Germany-based Voleatech from AAC Holding. Voleatech specializes in OT cybersecurity solutions, particularly firewalls. Belden said it paid $6 million for Voleatech.
Bitsight acquires Cybersixgill
Cyber risk management firm Bitsight announced a $115 million deal to acquire Israel-based threat intelligence data provider Cybersixgill. The acquisition will allow Bitsight to deliver comprehensive visibility into external attack surfaces, threats, and supply chains.
CrowdStrike to acquire Adaptive Shield
Cybersecurity giant CrowdStrike is buying Israel-based SaaS security company Adaptive Shield. CrowdStrike plans on integrating Adaptive Shield technology into its Falcon platform, to boost both identity and cloud capabilities. CrowdStrike will reportedly pay $300 for Adaptive Shield.
Cybereason and Trustwave merge
Endpoint detection and response (EDR) firm Cybereason and managed security services provider (MSSP) Trustwave have announced plans to merge. The strategic consolidation expands both companies’ technologies, managed services, advisory solutions and threat intelligence capabilities to deliver managed XDR, offensive security, digital forensics and incident response.
Databarracks acquires COOLSPIRiT
Technology and business resilience firm Databarracks has acquired COOLSPIRiT, a data management and business-critical IT infrastructure solutions provider, in an effort to form a data protection powerhouse.
Malwarebytes acquires AzireVPN
Malwarebytes announced the acquisition of AzireVPN, a Swedish company that sells privacy-focused VPN services. Malwarebytes will integrate AzireVPN’s VPN technologies and intellectual property into expanded product lines.
Security, remote monitoring and management, and data protection solutions provider N‑able has acquired Adlumin, a provider of an enterprise-grade security operations platform, for $266 million. The deal allows N-able to add cloud-native extended detection and response (XDR) and managed detection and response (MDR) capabilities to its security and IT management platform.
ServiceNow acquires Mission Secure
ServiceNow has acquired OT-native zero trust security solutions provider Mission Secure. As a result of the deal, ServiceNow customers will gain visibility and context into their OT environments, helping them minimize downtime.
Identity security company Silverfort has acquired cloud identity protection firm Rezonate. The deal enables Silverfort to expand its cloud identity security offering to deliver a complete identity security platform.
Developer security firm Snyk has acquired Portugal-based dynamic application security testing (DAST) provider Probely, which also powers the popular Security Headers tool. The deal enables Snyk to add API security testing capabilities to its offering, including for AI development.
Cloud security giant Wiz announced a deal to buy Dazz, adding an AI-powered cloud security remediation engine to its suite of enterprise products. Financial terms of the deal were not released but industry sources confirm the price tag is in the range of $450 million.
Other cybersecurity M&A deals announced in November 2024:
Aspire Technology Solutions acquires CloudCoCo
Canary Technology Solutions acquires Wyntec
Canary IT acquires Layer 8 Security
Compugen acquires SynerSolutions
CoreStack acquires Karthik Consulting
Evergreen acquires PCG IT and Netranom
Exclusive Networks acquires Cloudrise
EY Identity acquires J Group Consulting
First Focus acquires Section Group
Focus Group acquires Prism and Contact Systems
Haveli Investments acquires controlling interest in AppViewX
Health Catalyst acquires Intraprise Health
H.I.G. Capital and Thoma Bravo to acquire CompTIA
Information Security Media Group (ISMG) acquires majority stake in Nullcon
Insight Partners acquires majority stake in Detectify
iStorage Group acquires Kanguru Solutions
Kingswood Capital Management acquires IDX
Long Ridge Takes acquires majority stake in Ripjar
Lumifi acquires Critical Insight
Netrio merges with Success Computer Consulting
Netrio acquires PCA Technology Group
OneStep Group acquires C5 Technology
Smartcomply acquires AfricaIntel
SysGroup acquires Crossword Cybersecurity
Tria Federal acquires Softrams
UBDS Group acquires 3B Data Security
Worklyn Partners acquires IT Management Solutions
Related: Cybersecurity M&A Roundup: 37 Deals Announced in October 2024
