Several cybersecurity-related acquisitions and mergers were announced between June 7 and 13, 2021.
Professional services giant Deloitte announced the acquisition of California-based cloud security posture management (CSPM) company CloudQuest. The goal is to strengthen Deloitte’s existing cloud security offerings — including SOAR services and solutions — with CloudQuest’s cloud-native security capabilities.
Bain Capital Private Equity and Crosspoint Capital Partners acquire ExtraHop
Private equity firms Bain Capital Private Equity and Crosspoint Capital Partners announced buying network detection and response solutions provider ExtraHop Networks for $900 million. ExtraHop says the partnership will allow it to invest in its technology and expand its global reach, as well as to expand into the intrusion detection sector. Venture backers Madrona Venture Group and Meritech Capital Partners will exit their stakes in ExtraHop following the deal.
The Instillery acquires TwoBlackLabs
New Zealand-based IT and cybersecurity services provider The Instillery is acquiring privacy consultancy TwoBlackLabs, which is also based in New Zealand. TwoBlackLabs will continue to operate independently under the TwoBlackLabs brand.
JHNA acquires Technology Security Associates (TSA)
Digital engineering company JHNA acquired Technology Security Associates (TSA), which provides cybersecurity, anti-tamper, security systems engineering, supply chain risk management and other solutions. Both companies work with the U.S. government and they both specialize in warfighter solutions. The deal will help JHNA expand its capabilities and services.
Parsons acquires BlackHorse Solutions
Parsons Corporation, a company that provides tech solutions for the defense, intelligence and critical infrastructure sectors, is purchasing BlackHorse Solutions in a deal valued at $203 million. BlackHorse specializes in cyber, electronic warfare, virtual operations, and artificial intelligence. The deal enables Parsons to enhance its capabilities.
RSA spins out fraud and risk intelligence unit as standalone company Outseer
RSA Security announced that its fraud and risk intelligence unit has become a new standalone company named Outseer. Outseer, led by CEO Reed Taussig, was launched to more clearly articulate the benefits of the company’s products and services.
SS8, a company whose lawful interception and monitoring products are used by intelligence agencies and communications providers, acquired Bivio Networks, which helps government agencies and service providers control, monitor and secure critical network infrastructure. SS8 says Bivio’s technology will enable it to strengthen its real-time communication interception products.
Synopsys, a company that provides tools and services for designing chips and electronic systems, acquired Code Dx, which specializes in application vulnerability management. Synopsys said the acquisition will enable it to extend its application security portfolio with vulnerability correlation, prioritization and risk reporting capabilities.