The cybersecurity sector experienced a major shift in 2025 as consolidation reached record levels with over 420 merger and acquisition deals. High-value transactions dominated the year, resulting in a total disclosed market value exceeding 84 billion dollars.
The 2025 cybersecurity market was defined by massive consolidation, with eight separate acquisitions surpassing the 1 billion dollar mark. These major transactions accounted for nearly 75 billion dollars of the total 84 billion dollars in disclosed deal value for the year. This surge in high-value activity indicates a strategic move by industry leaders to integrate specialized security functions into broader, unified platforms.
Google made the largest move of the year by reviving its bid for cloud security giant Wiz in a 32 billion dollar all-cash deal. While the initial attempt failed in 2024, the renewed agreement received Department of Justice clearance in late 2025 and is set to finalize in 2026. This acquisition is designed to bolster Google Cloud’s native security while maintaining the cross-platform accessibility that Wiz customers currently utilize.
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Palo Alto Networks also aggressively expanded its portfolio through two significant multi-billion dollar deals. The company entered the identity security market by announcing a 25 billion dollar acquisition of CyberArk, a move recently approved by shareholders. Simultaneously, Palo Alto Networks finalized its 3.35 billion dollar purchase of the observability platform Chronosphere to enhance its existing Cortex AgentiX technology.
ServiceNow emerged as a major player in the M&A space with two substantial pending acquisitions focused on asset visibility and identity management. The company signed a 7.75 billion dollar deal to acquire Armis, a firm specializing in IT and IoT asset discovery, which is expected to close in late 2026. Additionally, ServiceNow is moving to acquire Veza for 1 billion dollar to strengthen identity and access controls across its security and risk management portfolios.
Other notable transactions highlighted the industry’s focus on private equity transitions and specialized data security. Francisco Partners is finalizing a 2.2 billion dollar deal to take the Apple-focused security firm Jamf private, while Veeam Software completed a 1.725 billion dollar acquisition of Securiti AI to merge data resilience with governance. Furthermore, Proofpoint strengthened its international presence by acquiring Hornetsecurity for 1.8 billion dollars, aiming to capture a larger share of the European Microsoft 365 security market.
Source: Eight Cybersecurity Acquisitions Surpassed One Billion Dollars In 2025