Cybersecurity Market: Mergers & Acquisitions

By admin | Jun 20, 2009

Large defense contractors are buying up smaller cybersecurity companies in a quest to gain unfair technology advantage and bolster their presence in booming cybersecurity market. Recent report of Market Research Media forecasts that the cybersecurity market is poised for the stable growth, about 6.2% CAGR, in the next six years.

Here’s a timeline of the recent acquisitions:

  • June 15: Boeing Co. buys eXMeritus
  • June 4: General Dynamics Corp. buys Axsys Technologies Inc.
  • May 6: QinetiQ Group PLC buys Cyveillance Inc.
  • April 16: Sentel Corp. buys 24/7 Solutions Inc.
  • March 16: ManTech International Corp. buys DDK Technology Group Inc.
  • March 5: Parsons Infrastructure & Technology Group Inc. buys McMunn Associates Inc.

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