M&A activities delayed considerably in October after a busy summer. The largest highlight of the month comes from the security provider Proofpoint based in California, which at the end of the month closed the acquisition of the British cloud-e-mail security seller Tessian.
Infosecurity has selected some of the most prominent deals that were signed in October 2023.
Singtel sells the importance in Trustwave for $ 205 million
Singapore Telecommunications (Singtel), the largest telecom company in Southeast Asia, announced on 2 October that it corresponded to MC2 Titanium, LLC, to sell its interest in the American Trustwave for a fee of $ 205 million. The rejection is expected to be completed at the fourth quarter of 2023. MC2 Titanium, LLC is part of the Chertoff group.
KPMG Canada is expanding the IAM portfolio with Imagosoft
The Canadian consultancy KPMG announced on 3 October that his Canadian branch ImagoSoft, an identity security company established in Calgary, had taken over. The deal that settled between the two parties at the end of September, enables KPMG Canada to expand its offer of identity and access management (IAM). Financial conditions have not been announced.
Okta buys password manager UNO in Personal Digital ID Pivot
Enterprise Iam Giant Okta has purchased password manager UNO for an unknown fee on 4 October. The range of UNO, developed by a former Google Engineer and supported by Andreessen Horowitz, will help expand Okta Personal, the first product of OKTA, dedicated to Digital ID for consumers.
Read more: Okta Breach hit more than 130 customers
Trustcheckr of Unoideo Technologies joins Truecaller
Truecaller, a caller ID and spam-Blocking app provider, announced on 6 October that it is the India-featured company Unoideo Technologies PVT Ltd. has taken over. In 2022, TrustcheckKr won the first worldwide hackathon of the Reserve Bank of India (RBI) in the ‘Social Media Analysis Monitoring Tool category for detecting digital payment fraud and disorders. The details of the financial agreement were not revealed.
Arctic Wolf reveals interest in buying Soar Provider Revelstoke
Arctic Wolf announced his intention on 10 October to buy Revelstoke, a company located in the US that offers a security orchestration with low codes and Automated Response (Soar) (Soar). With this acquisition, the incidental response company that now aims to accelerate the efficiency of the security operations via automation and AI. The financial details around the deal were not made public.
Blockchain Intel -Platform TRM Labs acquires bitcimabuse.com
TRM Labs, which offers blockchain in -lighting solutions, announced on 11 October that the Bitcoinabuse.com for an unprecedented amount has taken over. This new service helps TRM to Power Chainabuse, a reporting platform for malignant crypto activity.
Proofpoint completes the acquisition of Tessian
Although Thoma Bravo is not directly involved in one of our selected M&A Deals of the Month, one of his subsidiaries, Proofpoint, is. The Enterprise Security Provider announced on October 30 that he had taken over Tessian, a cloud-e-mail security provider based in the VK, for an unknown compensation. Since the launch in 2013, Tessian raised around $ 128 million and was last appreciated at $ 500 million after the Series C finance round.
Palo Alto buys the Israeli company Dig Security
Palo Alto Networks is a definitive agreement to acquire Dig Security, a technology supplier of Israel-based data security attitude (DSPM). After the acquisition, the possibilities of DIG will be integrated with the Prisma cloud platform of Palo Alto. Although financial details of the deal were not announced, they could come up when the American cyber security reports gigantic profit in November.
Read our M&A Roundup for September 2023: Cisco Breaks Record, Thoma Bravo buys again