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Ciso Global Acquires Veteran-Owned Sb Cyber Technologies

Jul 19, 2023•over 2 years ago

Acquiring Company

CISO Global

Acquired Company

SB Cyber Technologies

ScottsdaleSecurityInformation TechnologyNetwork SecurityCyber Security

Description

CISO Global, Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider announced that it has acquired SB Cyber Technologies, LLC, a cybersecurity company that specializes in identifying, enhancing and applying emerging government and military grade capabilities to critical commercial technical security challenges.

Company Information

Company

CISO Global

Location

6900 EAST CAMELBACK ROAD

Scottsdale, Arizona, United States

About

CISO Global, Inc. was formerly known as Cerberus Cyber Sentinel Corporation. CISO Global was designed from inception to bring talent together from cybersecurity, compliance, remediation, and secured managed services practice areas for a comprehensive solution set. Our experts not only span global geographies, but also specialties, industries, regulatory frameworks, and focus areas. With the cybersecurity workforce gap growing year-over-year, CISO Global provides the expertise to accelerate our clients’ journey to cyber resiliency. We support our clients across cyber defense operations, strategy and risk, readiness and resiliency, security architecture engineering, and managed services.

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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