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Cybersecurity M&A Roundup for Week of Mar. 15, 2021

Cybersecurity M&A Roundup for Week of Mar. 15, 2021

Cybersecurity M&A Roundup for Week of Mar. 15, 2021

More than a dozen cybersecurity-related acquisitions and mergers were announced in the third week of March 2021.

Acronis acquires Synapsys

Data protection and cybersecurity solutions provider Acronis acquired Synapsys, a South Africa-based distributor of Acronis products in Africa. Synapsys will be integrated into Acronis and it will be responsible for all sales of the company’s cyber protection solutions in Africa.

CFC acquires Insane Technologies

UK-based insurance company CFC announced buying Australian cybersecurity and incident response firm Insane Technologies in an effort to extend its in-house incident response team.

Copado acquires New Context

DevOps platform provider Copado is acquiring New Context, a company that provides multi-cloud DevSecOps services to large enterprise, infrastructure and government cloud customers. According to Copado, the deal will help it expand its DevSecOps platform.

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Fortinet acquires ShieldX

Enterprise security solutions provider Fortinet has acquired ShieldX, a company that specializes in cloud and network security. The acquisition was completed this month, but it was not publicly announced by Fortinet.

IronNet Cybersecurity merges with LGL Systems Acquisition

IronNet Cybersecurity is merging with LGL Systems Acquisition, which will help the cybersecurity company accelerate growth. Following the acquisition, IronNet will be listed on the New York Stock Exchange under the symbol IRNT. The pro forma enterprise value of the combined firm is expected to be $927 million.

Lookout acquires CipherCloud

Mobile security company Lookout acquired CipherCloud, a firm that specializes in Secure Access Service Edge (SASE). The goal is to create a platform that provides end-to-end security — from endpoints to the cloud — by combining CipherCloud’s SASE technology with Lookout’s Mobile Endpoint Security product.

Meriplex Acquires HBR Technologies

Managed cybersecurity, IT, and SD-WAN solutions provider Meriplex is buying Texas-based managed services provider HBR Technologies. Meriplex said the deal allows it to “have a greater outreach and expansion into the Dallas-Fort Worth Metropolitan market while also increasing their technical and sales workforce to support and onboard more clients.”

Pindrop acquires Next Caller

Enterprise-grade call verification and fraud detection firm Next Caller was acquired by Pindrop Solutions, which provides identity, security and trust solutions for voice interactions. The two companies will provide security offerings for call center operators. Next Caller will operate as a wholly-owned subsidiary of Pindrop.

QOMPLX acquires Hyperion Gray

Cloud-native risk analytics company QOMPLX completed the acquisition of cyber intelligence firm Hyperion Gray. QOMPLX says Hyperion Gray’s cybersecurity and OSINT expertise complements and strengthens its risk analytics, penetration testing, and other cybersecurity offerings.

Recorded Future acquires Gemini Advisory

Threat intelligence company Recorded Future acquired fraud analytics startup Gemini Advisory in a $52 million deal. Recorded Future believes the acquisition will help it expand into the financial services and payment processing markets. Gemini Advisory will operate as an independent business unit inside of Recorded Future.

Sonatype acquires MuseDev

Software supply chain management solutions provider Sonatype bought code analysis platform MuseDev, which automatically analyzes each developer pull request in search of security, performance and reliability bugs.

Tesserent acquires Secure Logic’s managed services business

Australian cybersecurity and networking solutions provider Tesserent acquired the managed security services business of Australia-based Secure Logic for roughly A$22 million (USD17 million) in cash and stock. Tesserent said Secure Logic services are a strategic addition that will help its government division.

VMware acquires Mesh7

Virtualization giant VMware acquired cloud-native API security company Mesh7 in an effort to help customers make their applications more secure. VMware said Mesh7 technology will enable it to bring visibility, discovery, and better security to APIs.

Related: Cybersecurity M&A Roundup for Week of Mar. 8, 2021

Related: Cybersecurity M&A Roundup for Week of Mar. 1, 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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