Here is the most recent Mergers and Acquisitions in cybersecurity:
- Noname, a San Jose, Ca.-based developer of an agentless security platform designed to help enterprises see and secure their managed and unmanaged application programming interface (API), reached a definitive agreement to be acquired by Akamai Technologies (NAS: AKAM) for $500 million.
- Wiz, a cybersecurity startup, is looking to acquire Lacework, one of its largest competitors, for $150 million to $200 million, an enormous step down from Lacework's last valuation of $8.3 billion.
- Entitle, a New York, N.Y.-based developer of cloud-based software intended to redesign the cloud access management process entered into a definitive agreement to be acquired by BeyondTrust, via its financial sponsors Clearlake Capital Group, Francisco Partners, NB Private Equity Partners and Olam Capital, through an estimated $150 million LBO.
- Armis, backed by One Equity Partners, acquired Silk Security, a Santa Clara, Calif.-based cyber risk prioritization and remediation platform. Financial terms were not disclosed.
- Commvault (Nasdaq: CVLT) acquired Appranix, a Boston, Mass.-based cloud cyber resilience company. Financial terms were not disclosed.
Check back next week for the most recent M&A deals in cybersecurity!
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