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Industry News: ESG5

    US Deploys Commerce and Communications Against Cyber Threats, Blinken Says

    2024-05-07

    CSO Online: The US government is doing everything it can to manage the cybersecurity challenges of quantum computing, cloud strategies, and generative AI and trying to secure sensitive technology hardware, Secretary of State Anthony Blinken said.

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    Synopsys to Sell Unit for as Much as $2.1 Billion to Private Equity Firms

    2024-05-06

    Yahoo Finance: Chip-design company Synopsys Inc. is selling its software integrity business to two private equity firms for as much as $2.1 billion in cash. Clearlake Capital and Francisco Partners are buying the cybersecurity-focused business and will run it as a new, as-yet unnamed independent company, according to a statement.

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    Cyber Firms Island, Corelight Raise Big

    2024-04-30

    Crunchbase: Cybersecurity venture funding saw a small bounce back in the first quarter of the year and a couple of large raises may indicate that trend continuing.

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    US Merger Rules May Rein In Private Equity Cybersecurity Spending

    2024-04-30

    Yahoo Finance: In April 2024, UK cybersecurity company Darktrace agreed to be bought by US private equity (PE) company Thoma Bravo in a $5.3bn deal.

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    Private Equity Firms Gain Enhanced Cyber Due Diligence and Portfolio Assessments with New Tool from BlackSwan Cyber

    2024-04-30

    PR Newswire: BlackSwan Cyber, a leading M&A Cybersecurity Advisor, has announced the release of its Cyber Maturity Assessment Platform. 

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    Standard Chartered CEO on Why Cybersecurity Has Become a 'Disproportionately Huge Topic' at Board Meetings

    2024-04-28

    The Record: As the chief executive of one of the largest banks in the world, Bill Winters is constantly identifying, evaluating and taking steps to mitigate risks.

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    Darktrace Agrees Sale to Thoma Bravo for $5.32 Billion

    2024-04-26

    BNN Bloomberg: UK cybersecurity company Darktrace Plc agreed to sell itself to private equity firm Thoma Bravo for an equity value of about $5.32 billion. The deal will give Darktrace holders $7.75 in cash, or 620 pence per share, the companies said in a statement.

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    IBM Acquiring HashiCorp for $6.4 Billion

    2024-04-25

    SecurityWeek: IBM and HashiCorp have entered into a definitive agreement approved by the boards of both companies, but the deal still requires approval from regulators. The transaction is expected to close by the end of the year.

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    Abacus Group Enhances its Managed IT and Cybersecurity Services for Evolving Needs of Financial Services

    2024-04-22

    PR Newswire: Abacus Group, the leading Managed Services Provider ("MSP") to financial services firms with specialized cybersecurity expertise provided by Gotham Security, an Abacus Group company, unveils a revamp of its integrated IT and security solutions and services to meet the changing needs of the financial services industry.

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    Cisco Debuts New AI-Focused Security System After $28 Billion Deal To Buy Splunk

    2024-04-18

    CNBC: Enterprise technology titan Cisco Systems unveiled a new security architecture product aimed at securing data centers, clouds, and other IT environments with the help of AI.

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