The 10 Biggest Tech M&A Deals Of 2023 (So Far)
Summary
IT industry mergers and acquisitions—including some with multibillion-dollar price tags—have continued in 2023 despite economic uncertainty, rising interest rates and tighter capital. The cybersecurity sector has seen the most M&A activity, including major vendors acquiring security tech startups (such as Cisco Systems’ acquisitions of Valtix and Lightspin) and cybersecurity companies buying other security companies (Zscaler’s acquisition of Canonic, SailPoint’s purchase of SecZetta and Rapid7’s acquisition of Minerva Labs) in a bid to expand their product portfolios. Even some solution providers bolstered their security offerings and market reach through acquisitions: GreenPages Technology Solutions (now Blue Mantis) bought Arcas and Optiv acquired ClearShark. DXC Technology confirmed in late 2022 that it was in discussions with a potential buyer, possibly a private equity firm. While dollar value is a factor in the following ranking, some mergers and acquisitions have a greater impact on the IT industry in general, and the channel in particular, and that figures into the list.