SecurityWeek Analysis: Over 210 Cybersecurity M&A Deals Announced in First Half of 2023
Summary
SecurityWeek’s cybersecurity M&A database added information on 234 deals announced in H1 2023, with a significant decrease observed in June. Sweden stood out in the first six months of 2023, and for the first time since SecurityWeek has been tracking M&A deals, the Scandinavian nation surpassed Canada and Germany in cybersecurity M&A activity. The biggest deals involved private equity firms, including Thoma Bravo buying Magnet Forensics for $1.3 billion, Francisco Partners acquiring Sumo Logic for $1.7 billion, and Crosspoint Capital Partners acquiring Absolute Software for $870 million. Analysis showed a significant drop in acquisitions involving network security and data protection companies. SecurityWeek helps cybersecurity professionals do their jobs better by providing timely news, information, analysis and insights from experts in the trenches.