Top cybersecurity M&A deals for 2024
“The acquisition aligns with SonicWall’s ‘best-of-suite’ strategy — which includes network, endpoint, wireless, cloud email, and threat intelligence — under a single, multi-tenant portal,” the company said in a press release. “The platform also simplifies workflows and offers unified threat visibility, enabling service providers and end users to focus on what truly matters.”
Mimecast buys Elevate Security to bolster human risk management
January 4: Email and collaboration security provider Mimecast has acquired Elevate Security to strengthen its capabilities in human risk management. Financial terms of the deal were not disclosed.
“People are historically the largest vulnerability in an organization but can also be the strongest line of defense if given the right tools and education,” Mimecast Chief Technology and Product Officer David Raissipour said in a press release. “That’s our goal with this acquisition and core to our work — manage risk by understanding human behavior in the context of a complex environment and then acting on it.”
Elevate’s security platform ingests human behavior and context data from a range of sources and then flags high-risk people using a precision risk-scoring algorithm. Mimecast said it will continue to maintain and support the existing Elevate Security customer base and has already begun to integrate its technology into Mimecast products.
Chertoff Group’s MC² Security Fund completes acquisition of Trustwave
January 5: The MC² Security Fund, an affiliate of advisory and investment firm the Chertoff Group, completed its acquisition of global cybersecurity and managed security services provider Trustwave, which offers the Fusion Security Operations platform.
The acquisition will extend the global reach of Trustwave’s offensive and defensive cybersecurity portfolio, Trustwave CEO Eric Harmon said in a statement. “This strategic partnership with MC² and The Chertoff Group serves as a testament to our ongoing innovation and commitment to delivering unparalleled cyber value.”
