Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Application Security

12/9/2019
11:30 AM
Kelly Sheridan
Kelly Sheridan
Slideshows
Connect Directly
Twitter
LinkedIn
Google+
RSS
E-Mail
50%
50%

10 Notable Cybersecurity Acquisitions of 2019, Part 2

As mergers and acquisitions continued to shape the security industry throughout 2019, these deals were most significant.
Previous
1 of 10
Next

(Image: Nespix stock.adobe.com)

(Image: Nespix stock.adobe.com)

This year has been a significant one for mergers and acquisitions in cybersecurity. A strong pattern of M&A activity in the first half of 2019 continued into the second as large companies sought to create more sophisticated platforms, and smaller businesses continued consolidation.

"The bottom line is we're on pace for record growth in 2019 and definitely a bigger year than 2018," says Hank Thomas, CEO at Strategic Cyber Ventures, who notes the industry is on pace to reach $17 billion in total for M&A activity for 2019.

While the stream of M&A activity remained fairly constant from the first half of 2019 into the second, the past six months brought a few overall larger deals, notes Jeff Pollard, Forrester vice president and principal analyst for security and risk professionals. Deals involving Broadcom, Sophos, and VMware, underscored another trend of enterprise players investing in security.

The first half of 2019 was marked with acquisitions by companies expanding their portfolios, Pollard explains. We saw Carbonite aiming to become more of a software provider with Webroot, and Palo Alto Networks expanding its offerings with Demisto, Twistlock, and Puresec, he notes.

January through June "was more focused on companies trying to flesh out what they have now," he continues. Toward the second half of 2019,  smaller companies began partnering with other smaller companies to become medium-size businesses, as opposed to large firms trying to get bigger. As big organizations continue to buy more midsized companies, it creates an opportunity for some of the smaller players to get together and create a larger company.

"If you're small and looking at smaller, but together you're midsize, that's now an attractive target for you," Pollard explains.

Another key M&A driver is a lack of sophistication in today's security platforms, Thomas points out. Many of the point tools companies rely on are "very much just features," he says. CISO are looking to consolidate their data feeds and dashboards; to do security orchestration, automation, and response. The problem is, they don't have a sufficiently advanced platform.

"I think we'll continue to see consolidation occur because there's a demand for that," he adds.

Here, security experts share the most noteworthy M&A deals from July through December and what these acquisitions mean for this changing industry. See anything they missed? Please feel free to share your thoughts in the Comments section.

Related Content:

Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's top story: "10 Security 'Chestnuts' We Should Roast Over the Open Fire."

 

Kelly Sheridan is the Staff Editor at Dark Reading, where she focuses on cybersecurity news and analysis. She is a business technology journalist who previously reported for InformationWeek, where she covered Microsoft, and Insurance & Technology, where she covered financial ... View Full Bio

Previous
1 of 10
Next
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Mobile Banking Malware Up 50% in First Half of 2019
Kelly Sheridan, Staff Editor, Dark Reading,  1/17/2020
Exploits Released for As-Yet Unpatched Critical Citrix Flaw
Jai Vijayan, Contributing Writer,  1/13/2020
Microsoft to Officially End Support for Windows 7, Server 2008
Kelly Sheridan, Staff Editor, Dark Reading,  1/13/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
The Year in Security: 2019
This Tech Digest provides a wrap up and overview of the year's top cybersecurity news stories. It was a year of new twists on old threats, with fears of another WannaCry-type worm and of a possible botnet army of Wi-Fi routers. But 2019 also underscored the risk of firmware and trusted security tools harboring dangerous holes that cybercriminals and nation-state hackers could readily abuse. Read more.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-7227
PUBLISHED: 2020-01-18
Westermo MRD-315 1.7.3 and 1.7.4 devices have an information disclosure vulnerability that allows an authenticated remote attacker to retrieve the source code of different functions of the web application via requests that lack certain mandatory parameters. This affects ifaces-diag.asp, system.asp, ...
CVE-2019-15625
PUBLISHED: 2020-01-18
A memory usage vulnerability exists in Trend Micro Password Manager 3.8 that could allow an attacker with access and permissions to the victim's memory processes to extract sensitive information.
CVE-2019-19696
PUBLISHED: 2020-01-18
A RootCA vulnerability found in Trend Micro Password Manager for Windows and macOS exists where the localhost.key of RootCA.crt might be improperly accessed by an unauthorized party and could be used to create malicious self-signed SSL certificates, allowing an attacker to misdirect a user to phishi...
CVE-2019-19697
PUBLISHED: 2020-01-18
An arbitrary code execution vulnerability exists in the Trend Micro Security 2019 (v15) consumer family of products which could allow an attacker to gain elevated privileges and tamper with protected services by disabling or otherwise preventing them to start. An attacker must already have administr...
CVE-2019-20357
PUBLISHED: 2020-01-18
A Persistent Arbitrary Code Execution vulnerability exists in the Trend Micro Security 2020 (v160 and 2019 (v15) consumer familiy of products which could potentially allow an attacker the ability to create a malicious program to escalate privileges and attain persistence on a vulnerable system.