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2023 saw an increased number of deals in the cybersecurity industry, but the overall investment in the sector dropped, Pinpoint revealed
Several eye-watering deals still took place in 2023 as cybersecurity firms are acquired and merged into other entities
Cisco announced its latest cybersecurity acquisition in September in a deal worth $28bn
In March 2023, there were M&A announcements involving big-name cybersecurity companies Rapid7, Cisco and Logpoint
September 2022 was another busy moth for M&A in the cybersecurity industry
The buyout fell through hours before the UK company said that millions of pounds in revenue had been wrongly recognized in this year's accounts instead of last year's