Let’s take a look at a brief overview of new Cybersecurity M&A Roundup from last week. In the spotlight: Netskope, Kadiska, Salesforce, IBM, Axio, Cyentia, Stryve, Futuralis, Integral Partners LLC, SailPoint Technologies, Osirium Technologies.
Netskope has acquired Kadiska, reinforcing last week’s announcement highlighting upgrades to its Digital Experience Management (DEM). With the introduction of Netskope Proactive DEM (P-DEM), the company emphasizes its commitment to monitoring and proactively addressing performance issues. This ensures seamless experiences across the SASE architecture, from SD-WAN to SSE, and throughout the cloud and application portfolio.
IBM and Salesforce have teamed up to promote the global uptake of AI within CRM across various sectors. This partnership aims to transform customer, partner, and employee interactions while prioritizing data security.
Axio’s new partnership with Cyentia Institute is set to pioneer advancements in cybersecurity knowledge. This collaboration promises to bring Cyentia’s cutting-edge cyber incident analysis directly to Axio’s clientele.
Stryve, the Irish cybersecurity firm, has acquired a majority stake in US-based Futuralis, with the transaction amount undisclosed. Since its 2018 inception under CEO Andrew Tobin, Stryve has expanded across seven nations and boasts a workforce of over a hundred professionals.
Xalient has acquired Integral Partners LLC, a US-centric firm with over ten years of expertise in digital identity consulting and IAM advisory. This merger promises to fortify Xalient’s position while catering to the escalating demand for nimble, customer-driven security solutions.
SailPoint Technologies UK Ltd is set to purchase Osirium Technologies plc, with shares priced at 2.35 pence each. The acquisition will be executed through a court-approved scheme of arrangement, attributing a valuation of roughly £3.11 million to Osirium’s share capital on a fully diluted basis, suggesting an enterprise worth of about £6.56 million.