Cybersecurity M&A Roundup for June 1-6, 2021
Several cybersecurity-related acquisitions were announced between June 1 and June 6, 2021.
Accenture Federal Services (AFS), the federal business of professional services giant Accenture, is acquiring Novetta, a company that provides advanced analytics services to government organizations in the US. Novetta provides, among other things, various types of cybersecurity services, including vulnerability research, incident response, digital forensics and malware analysis, and threat intelligence.
Cloud security company Coalfire announced buying Denim Group, a provider of application security solutions. Denim’s assets will enable Coalfire to provide application security testing and training, threat modeling, application architecture reviews, and secure software development lifecycle workshops.
Egress, a UK-based company that specializes in insider risk, has acquired Aquilai, which is also based in the UK and provides email security solutions. Egress also announced the launch of Egress Defend, an email security solution that leverages anti-phishing technology from Aquilai.
FireEye is selling its products business, including the FireEye name, to private equity firm Symphony Technology Group for $1.2 billion in cash. Mandiant, which focuses on threat intelligence and incident response, will once again become a separate company.
Digital identity verification firm Mitek has acquired ID R&D, which provides AI-based voice and face biometrics and liveness detection solutions. ID R&D technology will be integrated into Mitek products, but it will also be offered separately — ID R&D will continue operating under its own brand. ID R&D shareholders will be entitled to up to $49 million in Mitek stock and cash as consideration.
Data protection company OwnBackup has purchased Nimmetry, which provides a platform for integrating SaaS-based data using a microservices architecture. OwnBackup said the deal accelerates its multi-cloud strategy and helps it expand its reach into India, where Nimmetry has a significant presence.
Science Applications International Corp (SAIC), a provider of technology solutions for the U.S. government, has acquired Halfaker and Associates, a federal health technology solutions provider, for $250 million. The deal helps SAIC expand its health IT portfolio.
US-based managed services provider Thrive acquired UK-based data center services provider ONI. Both companies offer cybersecurity services, among many others. The deal enables Thrive to expand to the UK.
Versar, a provider of project management services for the US government and commercial customers, acquired BayFirst Solutions, which provides network engineering, cybersecurity, and intelligence support to the U.S. Department of Homeland Security.