1. Deals Analysis
March 18, 2021

Technology industry cybersecurity M&A deals total $1.37bn globally in February 2021

By Carmen

Total technology industry cybersecurity M&A deals worth $1.37bn were announced globally in February 2021, led by AppLovin’s $1bn acquisition of Adjust, according to GlobalData’s deals database.

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The value marked a decrease of 82.4% over the previous month of $7.8bn and a drop of 33.8% when compared with the last 12-month average, which stood at $2.07bn.

Comparing cybersecurity M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $1.1bn. At the country level, the Germany topped the list in terms of deal value at $1000m.

In terms of volumes, North America emerged as the top region for technology industry cybersecurity M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of cybersecurity M&A deals activity in February 2021 was the US with 12 deals, followed by the Germany with four and Japan with two.

In 2021, as of February, technology cybersecurity M&A deals worth $9.17bn were announced globally, marking an increase of 239.6% year on year.

technology industry cybersecurity M&A deals in February 2021: Top deals

The top five cybersecurity M&A deals accounted for 99.6% of the overall value during February 2021.

The combined value of the top five technology cybersecurity M&A deals stood at $1.36bn, against the overall value of $1.37bn recorded for the month.

The top five technology industry cybersecurity M&A deals of February 2021 tracked by GlobalData were:

1) AppLovin’s $1bn acquisition of Adjust

2) The $156m acquisition of Bridgecrew by Palo Alto Networks

3) Tenable’s $98m acquisition of Alsid

4) The $62.5m acquisition of InteliSecure by Proofpoint

5) The merger of Hyper and Security A for $45.34m.

Verdict deals analysis methodology

This analysis considers only announced and completed big data deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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