Security News > 2021 > February > Government Providers Dominate Cybersecurity M&A Roundup for Week of Feb. 1, 2021
Several mergers and acquisitions were announced in the first week of February 2021, and a majority of the companies provide services to government organizations - some of them exclusively to this sector.
CDN services provider Akamai has acquired Montreal-based Inverse, a company that provides solutions designed to help organizations identify IoT, mobile and other types of devices.
Asian integrated security solutions provider Guardforce AI acquired a majority stake in Handshake Networking, a company based in Hong Kong that provides penetration testing, vulnerability assessment, auditing, consultancy, forensics and training services.
IntelliBridge, which provides tech, intelligence and mission support services to government organizations, acquired Alethix, which provides IT solutions to a dozen U.S. federal agencies.
IntelliGenesis, a company that provides intelligence, data science, cyber training, and cyber operations services to the U.S. Defense Department and intelligence agencies, announced the acquisition of CybatiWorks, which provides training and consulting services to organizations in the government, commercial, and academia sectors.
Managed network services and cybersecurity firm SageNet acquired Convergent, which provides digital signage products and services to government organizations and private sector companies.