Algosec Acquires Prevasio To Disrupt The Agentless Cloud Security Market
Dec 06, 2022•over 2 years ago
Acquiring Company
AlgoSec
Acquired Company
Prevasio
Cloud SecurityNetwork SecurityCyber SecuritySecurityInformation TechnologyCloud SecurityNetwork SecurityCyber SecuritySecuritySaas
Description
AlgoSec, a global cybersecurity leader in securing application connectivity, announced today that it has acquired Prevasio, a SaaS cloud-native application protection platform (CNAPP) that includes an agentless cloud security posture management (CSPM) platform, anti-malware scan, vulnerability assessment and dynamic analysis for containers.
FundzWatch™ Score
87
High M&A Activity
M&A Insights
Based on deal dataIntegration 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