More than a dozen cybersecurity mergers and acquisitions were announced in the second week of August 2021.
ASGN Incorporated acquires Enterprise Resource Performance
IT and professional services company ASGN Incorporated has announced the acquisition of Enterprise Resource Performance, Inc. (ERPi), a healthcare consulting and data analytics firm. ERPi employees will join ECS, ASGN’s federal government segment, which, among others, provides cybersecurity solutions.
Technology solutions provider Chess has announced buying Armadillo, a company that provides penetration testing, vulnerability assessment, and attack simulation services. Both firms are based in the UK. Chess says the goal of the acquisition is to strengthen its capabilities.
Crossword Cybersecurity acquires Stega UK
Crossword Cybersecurity plc, a company that focuses on the commercialization of university research-based cybersecurity and risk management software and cybersecurity consulting, acquired threat intelligence and monitoring company Stega UK. Both companies are based in the UK. Crossword will pay £1.8 million ($2.5 million) for Stega.
Dark Pulse, a company that provides laser sensing systems for assessing the health and security of infrastructure, acquired Optilan, a provider of security (including cyber and physical security) and communications systems. The deal is part of DarkPulse’s expansion into global critical infrastructure markets.
Extreme Networks acquires Infovista’s Ipanema SD-WAN business
Cloud-driven networking solutions provider Extreme Networks has announced its intent to acquire the Ipanema SD-WAN business of network and application performance management firm Infovista. Extreme expects to pay €60 million (roughly $73 million) for Ipanema in an all-cash deal. Extreme said the acquisition will help expand its ExtremeCloud portfolio with new cloud-managed SD-WAN connectivity and security capabilities.
GoVanguard acquires Gotham Security
Cybersecurity company GoVanguard has acquired boutique cybersecurity company Gotham Security in an effort to expand its capabilities. Specifically, Gotham Security brings red-teaming and pentesting services to GoVanguard’s offering.
KBR acquires Frazer-Nash Consultancy
Science, technology and engineering solutions provider KBR has acquired UK-based Frazer-Nash Consultancy, which specialises in systems engineering, assurance and technology advisory services. KBR has paid roughly $400 million in cash for Frazer-Nash Consultancy. KBR says Frazer-Nash’s expertise in systems engineering, data science, cyber, and clean energy complements its own capabilities.
FireEye’s Mandiant unit has acquired Intrigue, a provider of attack surface management technology for enterprises. Intrigue’s technology will be integrated into the Mandiant Advantage platform, and it will help customers discover, monitor, and manage risks.
NortonLifeLock merges with Avast
Consumer cybersecurity companies NortonLifeLock and Avast announced their merger in a deal valued at roughly $8.1-$8.6 billion. The combined company will server over 500 million users, and it will have headquarters in the US and the Czech Republic. NortonLifeLock’s CEO, Vincent Pilette, will remain CEO, and Avast’s CEO, Ondřej Vlček, is expected to join NortonLifeLock as president and board member.
Cloud-based IT, security and compliance solutions provider Qualys has entered into an agreement to acquire TotalCloud, a company that has developed a cloud workflow management and no-code automation platform. Qualys said the deal should enable it to strengthen its cloud security solution.
RubinBrown acquires Liberty Technology Advisors
Accounting and professional consulting firm RubinBrown has acquired technology consulting services provider Liberty Technology Advisors. Liberty will be integrated into RubinBrown’s Business Advisory Services Group, which offers business improvement and reorganization, cybersecurity, enterprise risk management, fraud and forensics, information technology and risk services.
SilverSky acquires Advanced Computer Solutions Group
Managed detection and response (MDR) services provider SilverSky announced buying Advanced Computer Solutions Group (ACSG), which offers a wide range of IT services, including cybersecurity. The deal should help SilverSky expand its presence in the education sector, where ACSG has a significant customer base.
Private equity firm SGT Capital has purchased cybersecurity and compliance solutions provider Utimaco Verwaltungs GmbH (co-based in US and Germany) from the EQT Mid Market Europe fund.