February 2025 Cybersecurity M&A Frenzy: Big Deals and Bigger Laughs!
Sophos has completed its $859m acquisition of Secureworks, aiming to enhance its managed security services. Meanwhile, SolarWinds went private in a $4.4bn deal. In other news, Nozomi Networks merged with XONA Systems to boost OT security, and Harness joined forces with Traceable for comprehensive API security. Stay tuned for more cybersecurity M&A updates!
Hot Take:
February 2025: A Month of Cybersecurity Musical Chairs. It’s like a tech-themed soap opera where everyone gets a new partner, but instead of roses, they exchange millions of dollars and a few security protocols. From Sophos shelling out $859 million for Secureworks to SolarWinds going private in a $4.4 billion deal, it’s a corporate tango with a lot of zeros involved. Pass the popcorn and let’s watch the mergers and acquisitions drama unfold!
Key Points:
- Sophos finalizes the acquisition of Secureworks for $859 million.
- SolarWinds goes private with a $4.4 billion acquisition by Turn/River Capital.
- Nozomi Networks merges with XONA Systems for enhanced OT security.
- Harness and Traceable join forces to boost API security.
- Drata acquires SafeBase for $250 million to streamline security assessments.