There were 238 deals in 2024, with strong demand from strategic and financial buyers. Private Equity firms represented the acquirer in 24% of the transactions in 2024, up from 19% in 2023, as they continued to grow their exposure to this space. 

In 2024, disclosed M&A deal value reached $15.9B. Only 16% of transactions disclosed their financial terms as buyers continued to guard the details and strategies behind their acquisitions. The median disclosed M&A transaction value was $45M.  

In terms of top acquirers, ABB and ServiceNow led the pack with 3 deals each followed by Taggr, Trasna, IBM, Indutrade and PolarStructure, which each acquired 2 IoT companies. 

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If you are aiming to learn about the key deals and valuations for data seurity companies, then you've come to the right place. With our report, you'll get valuable information that will inform the future of your company, and educate yourself on the current trends in the market.