Multiple billion dollar deals were done last year.
Almost nine per cent of the vendor space changed hands in 2024, with 362 acquisitions taking place last year.
According to analyst Richard Stiennon and investment bank AGC Partners, this is a huge rise from 250 in 2023, and up on 332 in 2022.
“Of the 61 for which purchase valuations are available the total transaction amount came to $49.9 billion,” he said. “The actual total, if disclosed, would be much higher.”
Notably large acquisitions included HPE picking up Juniper Networks $13 billion, Acronis by private equity firm EQT for $4 billion, Hashi Corp was acquired by IBM for $6.4 billion, and Thoma Bravo’s $5 billion purchase of Darktrace.
Written by
Dan Raywood is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
