Cybersecurity M&A Deals: 49 Announced in November 2024

In November 2024, a total of forty-nine cybersecurity-related merger and acquisition (M&A) deals were announced, marking it as a record-breaking month for M&A deals in 2024 so far. SecurityWeek’s analysis revealed that the first half of 2024 saw the lowest number of M&A deals in comparison to previous years.

Let’s take a look at some of the significant cybersecurity M&A deals that took place in November 2024:

– Belden, along with its subsidiary Hirschmann Automation and Control, acquired Voleatech, a Germany-based company specializing in OT cybersecurity solutions like firewalls. The acquisition cost Belden $6 million.

– Bitsight made a $115 million deal to acquire Cybersixgill, an Israel-based threat intelligence data provider. This acquisition will enhance Bitsight’s ability to provide comprehensive visibility into external threats and supply chains.

– CrowdStrike announced plans to purchase Adaptive Shield, a SaaS security company based in Israel. By integrating Adaptive Shield’s technology into its Falcon platform, CrowdStrike aims to strengthen its identity and cloud capabilities with a reported acquisition cost of $300 million.

– Cybereason and Trustwave have decided to merge their operations, combining their technologies, managed services, advisory solutions, and threat intelligence capabilities to offer managed XDR, offensive security, digital forensics, and incident response services.

– Databarracks acquired COOLSPIRiT, a provider of data management and IT infrastructure solutions, to establish a strong data protection presence in the market.

These are just a few examples of the cybersecurity M&A deals that took place in November 2024. Other notable acquisitions include Malwarebytes acquiring AzireVPN, N-Able acquiring Adlumin, ServiceNow acquiring Mission Secure, and many more.

These deals signify the evolving landscape of the cybersecurity industry, with companies strategically joining forces to enhance their offerings and provide better solutions to their customers. Keep an eye on these developments to stay informed about the ever-changing cybersecurity landscape.