Earlier this year, an international coalition of law enforcement agencies took control of the dark web site of the notorious ransomware gang LockBit, replacing its content with the now-familiar message from the authorities: “This site is now under the control of law enforcement.” The operation didn’t disrupt the group’s operation for too long, with the […]
EQT takes a majority stake in cybersecurity firm Acronis at a $3.5B+ valuation
Cybersecurity remains a white-hot space for investors, and in the latest deal, EQT is taking a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (who in turn resell services to consumers) and corporate IT teams. Financial terms of the deal — including […]
Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal
Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $ 5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of $ 7.75 (£6.20) per share, which represents a 44% premium on its average price for […]
Coro, building cybersecurity for SMBs, locks down $100M at a $750M valuation
Enterprises and other large organizations have long been a lucrative and obvious target for cybercriminals, but in recent years — thanks to more sophisticated breach techniques and the rise of AI — small and medium businesses are now also very much on the map. Now, Coro — one of the startups building tools specifically for […]