The Biggest Cybersecurity Acquisitions of 2024
2024 has been a remarkable year for cybersecurity mergers and acquisitions, despite global economic challenges. Key players in the industry have made significant transactions, underscoring the sector's growth potential.
[h3]Major Deals of 2024[/h3]
1. Cisco's Acquisition of Splunk
On March 18, Cisco completed its record $28 billion acquisition of Splunk, marking the largest deal in Cisco's history. This acquisition enhances Cisco's capabilities in managing cyber operations.
2. Thoma Bravo's Purchase of Darktrace
Private equity firm Thoma Bravo acquired UK-based Darktrace for $5.3 billion. This move emphasizes the growing importance of AI solutions in cybersecurity.
3. Mastercard's Deal with Recorded Future
Mastercard agreed to acquire threat intelligence company Recorded Future for $2.65 billion. This acquisition is expected to bolster Mastercard's cybersecurity services.
4. CyberArk's Acquisition of Venafi
CyberArk finalized a $1.54 billion deal to acquire Venafi, aiming to build end-to-end machine identity solutions.
5. Permira's Investment in BioCatch
Permira completed a $1.3 billion majority stake in BioCatch, focusing on behavioral biometrics for fraud detection.
[h3]What's Next for 2025?[/h3]
Experts predict continued M&A activity with a focus on AI and automation technologies to bridge the cyber skills gap.
2024 has been a remarkable year for cybersecurity mergers and acquisitions, despite global economic challenges. Key players in the industry have made significant transactions, underscoring the sector's growth potential.
[h3]Major Deals of 2024[/h3]
1. Cisco's Acquisition of Splunk
On March 18, Cisco completed its record $28 billion acquisition of Splunk, marking the largest deal in Cisco's history. This acquisition enhances Cisco's capabilities in managing cyber operations.
2. Thoma Bravo's Purchase of Darktrace
Private equity firm Thoma Bravo acquired UK-based Darktrace for $5.3 billion. This move emphasizes the growing importance of AI solutions in cybersecurity.
3. Mastercard's Deal with Recorded Future
Mastercard agreed to acquire threat intelligence company Recorded Future for $2.65 billion. This acquisition is expected to bolster Mastercard's cybersecurity services.
4. CyberArk's Acquisition of Venafi
CyberArk finalized a $1.54 billion deal to acquire Venafi, aiming to build end-to-end machine identity solutions.
5. Permira's Investment in BioCatch
Permira completed a $1.3 billion majority stake in BioCatch, focusing on behavioral biometrics for fraud detection.
[h3]What's Next for 2025?[/h3]
Experts predict continued M&A activity with a focus on AI and automation technologies to bridge the cyber skills gap.