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Browse: Home / 2019 / June / 10 / The Cybersecurity Market Is Consolidating—Cyber Saturday | Fortune

The Cybersecurity Market Is Consolidating—Cyber Saturday | Fortune

By Securities Docket on June 10, 2019, 7:53 am

A flurry of deal-making activity has struck the cybersecurity industry.

CrowdStrike is preparing for an imminent initial public offering that could value the company at $6 billion. Elastic, maker of a Splunk-like data trawling product, just snapped up Endgame, a CrowdStrike competitor, for a comparatively measly $234 million. Investment firm Insight Partners bought out a portfolio company, threat intelligence firm Recorded Future, for $780 million. And Cisco, Palo Alto Networks, FireEye, and Imperva have all made cybersecurity-oriented acquisitions over the past couple weeks.

via The Cybersecurity Market Is Consolidating—Cyber Saturday | Fortune.

Posted in Industry, Top | Tagged Consolidation

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