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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Clear out junk files and repair common Windows errorsFree Scan →Scan for outdated or missing drivers - takes under a minuteDriver Scan →SecurityWeek counted 33 cybersecurity-related merger and acquisition announcements in April 2024. Its May 6, 2024 roundup featured 13 transactions and named 20 additional deals. The list spans multibillion-dollar takeovers and smaller capability-focused acquisitions, but it is a publication-specific roundup rather than a universal census of every transaction announced that month.
The headline April 2024 cybersecurity deals
The largest disclosed figures in SecurityWeek’s roundup were attached to IBM’s planned HashiCorp acquisition and Thoma Bravo’s agreement to acquire Darktrace. Other prominent transactions targeted identity verification, cloud detection, ransomware response, vulnerability remediation and privileged access.
| Buyer and target | Reported value and status | Stated purpose or capability |
|---|---|---|
| IBM–HashiCorp | $6.4 billion acquisition announced | Expand IBM’s hybrid-cloud platform, including infrastructure lifecycle management and security lifecycle management. |
| Thoma Bravo–Darktrace | Approximately $5.32 billion in cash; sale agreement announced | Take Darktrace private under the private-equity firm’s ownership. |
| Armis–Silk Security | $150 million acquisition | Integrate Silk’s cyber-risk prioritization and remediation platform into Armis Centrix Vulnerability Prioritization and Remediation. |
| Entrust–Onfido | More than $400 million, as reported; acquisition announced | Broaden Entrust’s AI-powered, identity-centric security portfolio with identity verification. |
| Wiz–Gem Security | Terms undisclosed; reported valuation around $350 million | Add Gem’s cloud detection and incident-response technology to Wiz. |
| Veeam–Coveware | Financial terms not stated | Add cyber-extortion incident response and proactive enterprise preparedness to Veeam’s ransomware protection and recovery offering. |
These amounts retain the qualifications used in the roundup. An announcement or planned purchase should not be read as proof that the transaction subsequently closed.
Other featured transactions
Security awareness and access governance
- KnowBe4–Egress: KnowBe4 planned to acquire the British cloud email-security company and combine its technology with security-awareness training and simulated-phishing products.
- BeyondTrust–Entitle: BeyondTrust announced plans to buy Entitle, a just-in-time privilege-management and cloud identity-governance provider, aligning with privileged-access management and cloud infrastructure entitlement management.
Resilience, threat intelligence and vulnerability response
- Commvault–Appranix: Commvault acquired Appranix to help organizations restore operations after outages or cyberattacks.
- Intel 471–Cyborg Security: Intel 471 announced the purchase of Cyborg Security to add threat-hunting capabilities.
- Veracode–Longbow Security: Veracode announced a deal for the seed-stage startup focused on automating root-cause analysis of serious security vulnerabilities.
Training and industrial security services
- OPSWAT–CIP Cyber: OPSWAT announced plans to acquire the cybersecurity training and certification provider for integration into OPSWAT Academy.
- Risk Mitigation Consulting–Securicon: The industrial and IT/OT cybersecurity services firms planned to combine expertise in IT/OT security and risk management.
The 20 additional deals named by SecurityWeek
SecurityWeek also listed these announcements without providing comparable deal values, detailed rationales or closing information for each:
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- Accenture–CLIMB
- Aurias–Saepio
- CASE–CyberKinetics
- Cloudflare–Baselime
- Cyderes–Ipseity Security
- Drata–Harmonize.io
- Evergreen–Digital Origin
- Happiest Minds Technologies–PureSoftware Technologies
- HUB Cyber Security–QPoint Technologies
- LightEdge–Connectria
- nClouds–Foghorn Consulting
- Opkalla–Cloudaeris
- Proton–Standard Notes
- PDQ–CODA
- Scantron–Btech
- Seisma–Q1 Group
- Stefanini Group–Protega
- Viatel Technology Group–MJ Flood Technology
- VTG–Vana Solutions
- X2Engine–Identifid
What the deals had in common
The featured transactions show buyers using M&A to assemble adjacent security capabilities rather than simply add headcount or geographic reach.
- Identity: Entrust–Onfido and BeyondTrust–Entitle address identity verification, privileged access and cloud entitlement governance.
- Cloud security: IBM–HashiCorp and Wiz–Gem Security connect cloud infrastructure management with cloud detection and response.
- Remediation and resilience: Armis–Silk Security, Commvault–Appranix and Veeam–Coveware focus on prioritizing vulnerabilities, recovering operations and preparing for extortion incidents.
- Detection and human risk: Intel 471–Cyborg Security adds threat hunting, while KnowBe4–Egress combines email protection with security-awareness and phishing simulation.
- Specialist expertise: OPSWAT–CIP Cyber and Risk Mitigation Consulting–Securicon extend training and IT/OT security services.
Why different April counts appear
Pinpoint Search Group’s April 2024 brief, published May 5, 2024 and updated June 25, 2026, tracked 46 cybersecurity-vendor transactions: 39 funding rounds and seven acquisitions, with $999.0 million in disclosed funding. Pinpoint describes a vendor-focused tracker with normalized segment classifications, while SecurityWeek counted broader cybersecurity-related M&A announcements. Their totals therefore use different scopes and should not be added together or treated as contradictory.
| Source | Scope and count | What it supports |
|---|---|---|
| SecurityWeek, May 6, 2024 | 33 cybersecurity-related M&A announcements | Thirteen featured transactions plus 20 additional named deals. |
| Pinpoint Search Group, April 2024 brief | 46 tracked vendor transactions: 39 funding rounds and seven acquisitions | A separate funding-and-acquisition view, including $999.0 million in disclosed funding. |
How to interpret the roundup
Use disclosed value, buyer type, acquired capability and transaction status when comparing these deals. Values are not available for every transaction, and several entries were announced plans rather than completed purchases. The roundup establishes what was publicly announced in April 2024 under SecurityWeek’s methodology; it does not establish the final closing status of every deal or prove a market-wide trend from one month.
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