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Silversky Announces Acquisition Of Cygilant, Gains Uk Presence And Renowned Data Research Talent

Jan 10, 2022•almost 4 years ago

Acquiring Company

SilverSky

Acquired Company

SilverSky

Description

SilverSky, a cybersecurity innovator offering powerful managed detection and response (MDR) services, today announced it completed the acquisition of Burlington, Massachusetts-based Cygilant.

Company Information

Company

SilverSky

About

Medium-sized enterprises face the same cybersecurity threats, compliance mandates, and business risk as Fortune 500 companies. SilverSky is a leader in enabling these companies to meet regulatory requirements, proactively respond to threats, and rapidly reduce risk. State-of-the-art MDR services are delivered through their SOCs, which were developed based on military-grade security, and are powered by the latest integrated technology. SilverSky has more than 20 years of operational success defending thousands of customers in some of the most demanding industry sectors. Visit www.silversky.com.

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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