Cybersecurity Summer Report 2024

Notable Transactions from 2024 After cybersecurity M&A dropped more than 18% in 2023 over the prior year, a robust and active environment is expected in 2024. Select notable transactions so far:

HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. "This transaction will strengthen HPE’s position as we help bridge the AI-native and cloud-native worlds," said CEO Antonio Neri.

Darktrace is a self-learning artificial intelligence that helps neutralize cyber threats by automatically identifying and responding to cyber incidents. It was acquired by Thoma Bravo in an all-cash deal at an estimated $5 billion valuation.

Identity security firm CyberArk has agreed to buy machine identity management company Venafi in a cash-and-shares deal worth $1.54 billion from investment firm.

Akamai Technologies announced its intention to buy API security company Noname Security for about $450 million

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