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
Threaded  |  Newest First  |  Oldest First
5 Ways to Up Your Threat Management Game
Wayne Reynolds, Advisory CISO, Kudelski Security,  2/26/2020
Exploitation, Phishing Top Worries for Mobile Users
Robert Lemos, Contributing Writer,  2/28/2020
Kr00k Wi-Fi Vulnerability Affected a Billion Devices
Robert Lemos, Contributing Writer,  2/26/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
6 Emerging Cyber Threats That Enterprises Face in 2020
This Tech Digest gives an in-depth look at six emerging cyber threats that enterprises could face in 2020. Download your copy today!
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2015-3006
PUBLISHED: 2020-02-28
On the QFX3500 and QFX3600 platforms, the number of bytes collected from the RANDOM_INTERRUPT entropy source when the device boots up is insufficient, possibly leading to weak or duplicate SSH keys or self-signed SSL/TLS certificates. Entropy increases after the system has been up and running for so...
CVE-2015-5361
PUBLISHED: 2020-02-28
Background For regular, unencrypted FTP traffic, the FTP ALG can inspect the unencrypted control channel and open related sessions for the FTP data channel. These related sessions (gates) are specific to source and destination IPs and ports of client and server. The design intent of the ftps-extensi...
CVE-2020-6803
PUBLISHED: 2020-02-28
An open redirect is present on the gateway's login page, which could cause a user to be redirected to a malicious site after logging in.
CVE-2020-6804
PUBLISHED: 2020-02-28
A reflected XSS vulnerability exists within the gateway, allowing an attacker to craft a specialized URL which could steal the user's authentication token. When combined with CVE-2020-6803, an attacker could fully compromise the system.
CVE-2019-4301
PUBLISHED: 2020-02-28
BigFix Self-Service Application (SSA) is vulnerable to arbitrary code execution if Javascript code is included in Running Message or Post Message HTML.