Tag: Mergers and acquisitions
The acquisition is the largest in CyberArk’s history, according to an analyst. CyberArk announced a deal Monday to acquire machine identity specialist Venafi from private equity firm Thoma Bravo for $1.54 billion. The acquisition is the largest in the 25-year history of identity security and access management firm CyberArk, according to Shaul Eyal, managing director…
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For the week ending May 17, CRN takes a look at the companies that brought their ‘A’ game to the channel including Palo Alto Networks, WekaIO, Alkira, Hewlett Packard Enterprise, Kyndryl and Ampere. The Week Ending May 17 Topping this week’s Came to Win is cybersecurity giant Palo Alto Networks, which is making a key…
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The companies say they will ‘facilitate the migration’ of QRadar SaaS customers to Palo Alto Networks’ Cortex XSIAM platform once the deal closes. Palo Alto Networks said Wednesday that it has reached a deal to acquire IBM’s QRadar software-as-a-service assets, as part of the cybersecurity giant’s drive to bring more customers onto its Cortex XSIAM…
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The deal to bring together two players in the SIEM (security information and event management) space follows big moves in the market including Cisco’s $28 billion acquisition of Splunk. LogRhythm and Exabeam announced Wednesday that the two companies have reached an agreement to merge in a significant consolidation deal for the cybersecurity industry. The terms…
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“It works with VMware. And it also works with RedHat and every hypervisor and container platform. It’s developer friendly. It works in all the public clouds. It works on-prem. It works colo. It works everywhere. We’ve been having great momentum with that,” Dell Technologies’ CEO Michael Dell said of the company’s PowerFlex in an interview…
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Thorbecke most recently worked for well-being platform maker Virgin Pulse as it completed a $3 billion merger. ConnectWise has tapped Rik Thorbecke, an executive who most recently worked for well-being platform maker Virgin Pulse as it completed a $3 billion merger, as its new chief financial officer. Thorbecke, who assumes his role on Monday and…
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‘The market is still kind of slowing down [but] the number of deals is still better than before the pandemic, so it’s not the end of the world,’ says John Holland, managing director of Corporate Finance Associates. Due in large part to high interest rates, IT services M&A transactions and the aggregate value of those…
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For the week ending May 10, CRN takes a look at the companies that brought their ‘A’ game to the channel including Wiz, Apple, ISSQUARED, ServiceNow, Microsoft, and the more than 50 IT vendors that signed the CISA Secure by Design pledge. The Week Ending May 10 Topping this week’s Came to Win is cloud…
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Alongside a number of major product launches, vendors have announced funding and acquisitions — and signed a new CISA-backed security pledge — during the massive security conference in San Francisco this week. In and around the RSA Conference in San Francisco this week, the majority of the biggest names in the cybersecurity industry have had…
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The company said the acquisition of Noname Security will allow Akamai to ‘extend protection across all API traffic locations.’ Akamai Technologies on Tuesday announced a deal to acquire API security firm Noname Security for $450 million. The company said the acquisition of Noname will allow Akamai to “extend protection across all API traffic locations.” [Related:…
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