Top 9 cybersecurity M&A deals of 2018 and 2019 (so far)

2018 was a busy year for mergers and acquisitions in the cybersecurity industry. Here's why the M&A market is so hot and what to expect in 2019.

As the market for cybersecurity products and services grows, so does the value of the companies that provide them. This is reflected in the number of mergers and acquisitions of cybersecurity firms that took place in 2018. Technology M&A advisory firm Hampleton Partners reports that more than 140 cybersecurity deals occurred in 2018, and at least nine of them were worth $500 million or more. Four deals were worth more than a billion dollars.

“Cybersecurity basically is everywhere in the tech industry today,” says Hampleton Partners Director Axel Brill. “Everything is connected today, it really cries for more security in those in all areas.”

Identity and access management (IAM), network security and financial/transaction cybersecurity were the three largest areas of activity. “IAM is gaining increasing attention as we move more and more towards a zero-trust world and the notion of perimeters continues to fade,” says Dino Boukouris, director at cybersecurity M&A advisory firm Momentum Cyber. “Cloud infrastructure security heated up significantly as the lift and shift to hybrid cloud infrastructure rapidly accelerated.”

Here are the nine largest cybersecurity M&A deals from 2018 and an early look at what to expect in 2019.

1. Cisco buys Duo Security for $2.35 billion

To continue reading this article register now

Get the best of CSO ... delivered. Sign up for our FREE email newsletters!