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Everfox completes acquisition of Garrison Technology Ltd to strengthen defense-grade cybersecurity solutions

Aug 14, 2024•over 1 year ago

Acquiring Company

Everfox

Acquired Company

Garrison Technology

HerndonLondonNetwork SecurityCyber SecurityInformation TechnologySoftwareNetwork SecurityCyber SecuritySecurityInformation Technology

Description

Global high-assurance cybersecurity leader, Everfox, has announced the completed acquisition of Garrison Technology Ltd. This acquisition integrates Garrison’s hardware-enforced security (hardsec) and software capabilities into Everfox’s software portfolio to deliver comprehensive cybersecurity to enterprise customers in government and regulated industries.

Company Information

Company

Everfox

Location

Herndon, Virginia, United States

About

Everfox, formerly Forcepoint Federal, has been defending the world’s most critical data and networks against the most complex cyber threats imaginable for more than 25 years. As trailblazers in defense-grade, high-assurance cybersecurity, Everfox has led the way in delivering and developing innovative cybersecurity technology. Headquartered in Herndon, VA, Everfox’s suite of cross domain, threat protection and insider risk solutions empower governments and enterprise organizations to use data safely - wherever and however their people need it.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed