Symantec Buys Blue Coat from Bain Capital to Secure Leadership in Cybersecurity

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"With the acquisition of Blue Coat, Symantec will enhance its leadership position to define the future of cybersecurity and set the pace for innovation industrywide." Source: Acquirer press release, 6/12/16.

Blue Coat Systems had been bought out by Thoma Bravo in December, 2011 and then sold to Bain Capital in March, 2015 for $2.4 billion.

Microsoft Acquires Firewall Security Software Vendor Aorato with a EV/S Multiple of 500.0x

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"Microsoft acquires Aorato, provider of the Directory Services Application Firewall. Aorato's software monitors network traffic between Active Directory servers and users, looking for patterns of attack and then analyzing traffic details. Its focus on AD makes an obvious acquirer in Microsoft, which could use Aorato as a feature in a more comprehensive security offering or a feature for AD itself." 451 QuickTake.

Cybersecurity Behavioral Analytics and Breach-detection Software Vendor Caspida Is Acquired by Splunk with a EV/S Multiple of 95.0x

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"The combination of Splunk and Caspida technology revolutionizes the security market by unifying world-class breach response with breach detection. Recent high-profile breaches show virtually all attacks happen with compromised credentials, and automated detection leveraging machine learning is the future for detecting known and unknown threats from insider and external attackers." Source: Acquirer press release,7/9/15.

Cisco Purchases Sourcefire to Bolster its Network Security Offering

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"The acquisition of Sourcefire adds a team with deep security DNA to Cisco and will accelerate delivery of Cisco's security strategy of defending, discovering, and remediating advanced threats...customers will benefit from continuous security in more places across the network." Source: Acquirer press release, 7/23/13.

BlackBerry Acquires AI-Based Security Management SaaS Specialist Cylance to Realize the Enterprise of Things

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"BlackBerry hands over $1.4bn in cash for endpoint security provider Cylance. The acquirer has made a shift from mobile devices to enterprise software and services, with a strong focus on cybersecurity. As tracked by 451 Research’s M&A Knowledge Base, this is BlackBerry’s largest deal to date, and further illustrates the changing dynamic of the endpoint market in general, with enterprises seeing usage – and threats – growing both in terms of mobile devices and traditional endpoints.

Francisco Partners Buys Remote IT Support Software Vendor Bomgar from Thoma Bravo

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"'Bomgar has become a key competitor in the secure remote and privileged access management markets, driven by its innovative platform of secure access solutions and steadfast commitment to customer service excellence'...'We see an opportunity to build upon Bomgar’s impressive technology and enthusiastic customer base to rapidly expand their product portfolio and market presence. We are excited to partner with the entire Bomgar team to grow the business and explore new market opportunities.'" Acquirer press release, 4/3/18.