Cybersecurity Acquisitions, IPOs Drive Record First Half in 2021

Dark Reading -

Cybersecurity investment activity surged in 2021, taking in more than $51 billion over 593 transactions in the first half of the year and surpassing all of 2020 in just six month.

Industry consolidation has driven much of the surge in mergers and acquisition with nearly as many deals this year as in 2020 — 163 versus 178 — but the value of this year’s deals have been much greater — $39.5 billion versus $20.5 billion for all of 2020, according to new data from investment advisory firm Momentum Cyber. 

Meanwhile, venture capitalists and investment firms financed cybersecurity companies to the tune of $11.5 billion in 430 deals, which includes venture funding, the company states in its “Cybersecurity Market Review.”

While total financing has not surpassed 2020 yet, the pace of venture capital investment guarantees that it will, says Eric McAlpine, co-founder and managing partner at Momentum Cyber.

“We have never seen a

The post Cybersecurity Acquisitions, IPOs Drive Record First Half in 2021 first appeared on Dark Reading.

Read More.....