2 Acquisitions in the Cloud Security industry - Flippa

Company acquisitions in the Cloud Security industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Cloud Security industry.

CBI acquired by Converge Technology Partners

Details about the transaction:

Acquisition amount: $47,000,000

Announcement: 1 April 2022

Details about the company:

CBI is an IT firm dedicated to risk management and data security for enterprises.

Headquarter:

Where to find them: Website

Industry: Cloud Infrastructure, Cloud Security, Cyber Security, Information Technology, Payments, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Zebra Technologies acquired by Matrix

Details about the transaction:

Acquisition amount: $18,500,000

Announcement: 2 January 2023

Details about the company:

Network and cyber security services and solutions are offered by IT firm Zebra Technologies to enterprises.

Headquarter:

Where to find them: Website

Industry: Cloud Security, Cyber Security, Information Technology, IT Infrastructure, Network Security

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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