Despite a global economy still suffering from the aftereffects of the COVID-19 pandemic and this year's war in Ukraine, financing in the cybersecurity market has remained strong. In Q3 2022, a total of 221 companies raised $3.3 billion, while 104 M&A deals had a disclosed value of $11.7 billion. 2022 is likely to set a new M&A record.
Germany's cybersecurity chief was sacked on Tuesday after a TV satire show accused him of having ties to Russian intelligence services, with the country on high alert over potential sabotage activities by Moscow.
European venture capital and private equity firm Smartfin on Tuesday announced a deal to acquire Hex-Rays, the Belgian company behind the widely deployed IDA Pro software disassembler.