Cybersecurity M&A Frenzy: December 2024’s Top Deals and Surprising Shake-Ups

December 2024 saw 37 cybersecurity M&A deals, including AE Industrial Partners acquiring Paragon and Arctic Wolf snapping up Cylance from BlackBerry. Meanwhile, Cisco eyes SnapAttack to bolster Splunk, and Citrix expands with DeviceTrust and Strong Network. Gen Digital adds MoneyLion for financial growth, while Pango Group merges with Total Security.

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Hot Take:

December 2024 brought a cybersecurity shopping spree of epic proportions. It seems like everyone in the cyberspace is either buying or being bought. Who knew that in the land of firewalls and encryption, mergers and acquisitions would become the new black?

Key Points:

  • 37 cybersecurity M&A deals were announced in December 2024.
  • AE Industrial Partners acquired Paragon and plans to merge it with Red Lattice.
  • Arctic Wolf bought Cylance technology from BlackBerry for $160 million and shares.
  • Cisco aims to acquire SnapAttack to bolster Splunk’s security capabilities.
  • Citrix expands zero trust security with acquisitions of DeviceTrust and Strong Network.

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