Cybersecurity is a huge financial issue for companies and governments around the world. The cost of protecting systems from cyber attacks can be enormous, so it’s not surprising that there have been many acquisitions in this area. In this blog post, we’ll take a look at some of the biggest deals in cybersecurity over the past few years.
IBM announced it would be acquiring the U.K.-based company Red Hat for $34 billion in cash and stock to boost its cloud business. As a result of this acquisition, IBM is offering Linux on z Systems as an option in addition to AIX and IBM I (formerly known as OS/400).
In 2014, IBM bought Truven Health Analytics’ health care analytics and outcomes company Explorys for an undisclosed amount. The acquisition will help IBM further its work with hospitals and providers on projects such as predictive healthcare. It should be noted that this was the second major purchase of a data firm by IBM after their 2013 acquisition of Big Data startup SPSS Inc.
Symantec Buys Blue Coat Systems:
In 2015, Symantec bought Blue Coat Systems for $500 million. The acquisition helped Symantec offer a complete range of security and data protection services to customers in both personal and corporate segments in addition to mobile device management capabilities.
Intel Buys McAfee:
McAfee was acquired by Intel Corporation in 2011 for $48 a share (which at that time values McAfee at approximately US$14.68 billion). The acquisition was meant to bolster Intel’s security capabilities as well as its expertise in cloud computing.
The two companies have had a long and storied history together. Intel bought McAfee in 2011, but the company’s roots go back to 1989 when John McAfee founded it as an antivirus software producer. At that time, computers were just coming into widespread use and viruses posed one of the biggest security risks to them. For years following its founding, McAfee continued developing cybersecurity technologies for PCs until 2013 when Intel announced they would buy all of McAfee’s shares.
McAfee Buys Cybertrust:
The McAfee company also bought Cybertrust (an identity management provider and service bureau) back in 2008 for an undisclosed amount which allowed them to offer more managed services through their enterprise security group.
CyberTrust is a global security company that provides cybersecurity solutions for businesses and governments. They offer a variety of products including email, cloud storage, data protection, and more. CyberTrust was founded in 1998 by CEO John W. Thompson III with the goal of making sure all companies have access to affordable cybersecurity solutions to protect their sensitive information from cybercriminals who are constantly trying to get inside their systems.
Cisco Buys Monodb:
Cisco Systems Inc. purchases Mongodb to build the next generation of its digital transformation and help customers modernize their networks. Cisco announced on December 18th, 2018 that in a deal worth $189 million it will purchase cloud data management company MongoDB. The acquisition would allow them to provide new levels of security intelligence with real-time visibility across physical and virtual environments while also meeting compliance requirements necessary from government agencies as well as other industries such as finance, retail, and healthcare.
SAP SE Buys Dassault Systemes:
Another big cybersecurity deal happened when the German software maker SAP SE agreed to acquire BusinessObjects Inc., now called SAP Business Objects, from French business object provider Dassault Systemes SA or DASSAULT SYSTEMES. The price of the acquisition has not been disclosed.
Oracle Buys Sun Microsystems:
Oracle purchased Sun Microsystems for $49 billion. Sun Microsystems is a company that has been around for over thirty years. They are one of the first and foremost companies to develop UNIX operating systems, which have now become very popular in today’s modern world. In addition to that, they also provide a variety of other products and services including hardware, software, security solutions, storage options, consulting services, and more.
VMware Buys AirWatch:
VMware acquired software firm AirWatch back in November 2014 for a whopping price tag of $800 million. This was VMware’s largest deal ever at that time since they were founded many decades ago. The AirWatch acquisition is a big one. It enabled VMware to provide mobile device management and enterprise mobility services.
In conclusion, cybersecurity is a huge risk and one that isn’t going away anytime soon. CFOs are getting more and more worried about the threats to their company’s data, assets, brand, intellectual property, and reputation. Companies are always looking for ways to provide the highest quality protection for themselves and most importantly their customers.