M&A

Google Acquires Startup Wiz for $32B to 'Turbocharge Improved Cloud Security’

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Google Acquires Startup Wiz for B to 'Turbocharge Improved Cloud Security’

Image: Wiz Google has announced it is acquiring cybersecurity startup Wiz for $32 billion. The acquisition is parent company Alphabet’s largest to date, more than doubling its previous record-breaking $12.5 billion purchase of Motorola Mobility in 2012. The company appears to have pursued this deal aggressively due to the growing demand for secure cloud services. The surge in generative AI has prompted tech companies to rush for cloud infrastructure, while major security incidents, such as…

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Sophos Acquires Secureworks for $859 Million | TechRepublic

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Sophos Acquires Secureworks for 9 Million | TechRepublic

Sophos has completed its $859 million acquisition of managed cyber security services provider Secureworks in an all-cash transaction. It now claims to be the “leading pure-play” provider of Managed Detection and Response Services, supporting more than 28,000 global organisations. Secureworks is an Atlanta, U.S.-based cybersecurity company that focuses on threat detection, response, and managed security services. Its acquisition will build out Sophos’ security operations platform for mitigating cyber attacks. “The open and scalable platform helps…

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Proofpoint Expands Data Security With Normalyze Acquisition

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Proofpoint Expands Data Security With Normalyze Acquisition

Data Loss Prevention (DLP) , Endpoint Security Normalyze’s AI-Powered DSPM Technology Boosts Proofpoint’s Data Visibility, Control Michael Novinson (MichaelNovinson) • October 29, 2024     Proofpoint will make its first acquisition under CEO Sumit Dhawan, scooping up a data security posture management startup led by a longtime former Qualys executive. See Also: 2024 Threat Landscape: Data Loss is a People Problem The Silicon Valley-based email security vendor said its proposed buy of Normalyze will…

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Proofpoint Snags Former VMware President Sumit Dhawan as CEO

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Proofpoint Snags Former VMware President Sumit Dhawan as CEO

Dhawan Is Proofpoint’s 3rd CEO Since March 2022; Interim Leader Thomas Back as CFO Michael Novinson (MichaelNovinson) • November 28, 2023     Sumit Dhawan, CEO, Proofpoint Proofpoint has landed top VMware lieutenant Sumit Dhawan as its new chief executive just days after the cloud and virtualization giant was acquired by Broadcom. See Also: Email Reporting and Remediation The Silicon Valley-based email security firm said it liked Dhawan’s track record of building security, cloud…

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Proofpoint to Buy Deception Firm Illusive, Boost Offerings

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Proofpoint to Buy Deception Firm Illusive, Boost Offerings

Active Defense & Deception , Next-Generation Technologies & Secure Development Ashan Willy’s First Deal as CEO Gets Proofpoint Into the Identity, Deception Spaces Michael Novinson (MichaelNovinson) • December 12, 2022     Ashan Willy has made his first acquisition as Proofpoint’s CEO, scooping up an identity startup established by Check Point’s former cloud and document security leader. See Also: Finding a Password Management Solution for Your Enterprise The Silicon Valley-based email security vendor says…

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