Genesis Global Workforce Solutions’ Post

Fears of recession, rising interest rates, mass tech layoffs, and conservative spending trends are likely to make dealmakers cautious, but an ever-increasing need to defend against bigger and faster attacks will likely keep M&A activity steady in 2023. Global concern over cybersecurity has never been higher, with attacks coming fast and furious and in ever-growing numbers, and 65% of organizations planned to increase cybersecurity spending in 2023. ▶ Palo Alto Networks to buy Talon Cyber Security ▶ Proofpoint signs definitive agreement to acquire Tessian ▶ Snyk acquires pull request platform Reviewpad (part of Snyk) ▶ Fintech firm Cuentas Inc. announces intent to acquire equity stake in security provider World Health Energy Holdings inc. (WHEN:US) ▶ New Zealand’s Bastion Security Group acquires Cassini Limited ▶ Arctic Wolf to acquire Revelstoke Security and its SOAR platform ▶ MDR firm Lumifi acquires Castra Managed Services ▶ KPMG Canada acquires identity management provider IMagosoft Identity Management Solutions Inc. ▶ Wireless threat monitoring firm LOCH Technologies buys security automation provider Avirtek ▶ Cybercrime detection firm Netcraft acquires FraudWatch ▶ SecurityBridge acquires Protect4S (a SecurityBridge company) ▶ CrowdStrike to acquire Bionic, a CrowdStrike Company ▶ WatchGuard Technologies buys CyGlass ▶ Cisco buys Splunk in $28-billion deal ▶ Thales agrees to buy Tesserent ▶ Informatica announces intent to acquire Privitar ▶ Mozilla buys fake-busting software firm Fakespot by Mozilla ▶ IBM acquires Polar Security (An IBM Company) ▶ Cisco plans to buy Armorblox (now part of Cisco) to help create "an AI-first Security Cloud." ▶ Akamai Technologies acquires Neosec.com ▶ Mastercard acquires Baffin Bay ▶ Accenture buys Brazil-based Morphus #mergers #acquisitions #mergersacquisitions #growth #businessexpansion #businessagility #cybersecurity #informationsecurity #securityservices

FIRE SALE ! or CYBERSECURITY CONSOLIDATION !! Your guess is as good as mine. Talking to a close VC friend in the US, he asked when discussing the below had I heard of the term Fire Sale. To be honest I hadn't in this context, so while a consolidation motion is taking place in the #cybersecurity industry. The shift from point solutions to platform has pushed the largest security vendors in the world to buy up emerging technologies and expand their product suite. He raised the question that a number of the companies were sold way below their Market Cap/Value siting in particular Talon (by Palo Alto Networks) & Perimeter 81, a Check Point Company both Unicorns with over a $1b valuation, which does beg the question where some Fire Sales? These wonderful M&A outcomes are just the beginning of a greater wave. and I predict over the next 6 months we will see US & Israel-based cybersecurity companies preparing to go public. The silent juggernauts that have already scaled past $100M+ of ARR are simply waiting for the IPO markets to open up. For more information on open positions, we are working on globally with our Portfolio Clients then contact Andrew Robinson FREC, louise robinson or Rebecca Beauchamp call us on +44 (0)1923 312435. Why not follow Paradigm Recruitment on: https://lnkd.in/gssS9BWN #paradigmrecruitment #hiring #careers #startup #recruitment #IPO #cybersecurity #cybercareers #cyberjobs #startupjobs #cloud #cloudsecurity #security #cloudsecurity #AI #Boiometrics #Analytics #MachineLearning #ThreatIntelligence #DarkWeb #IAM #PAM #CIAM

FIRE SALE ! or CYBERSECURITY CONSOLIDATION !! Your guess is as good as mine. Talking to a close VC friend in the US, he asked when discussing the below had I heard of the term Fire Sale. To be honest I hadn't in this context, so while a consolidation motion is taking place in the #cybersecurity industry. The shift from point solutions to platform has pushed the largest security vendors in the world to buy up emerging technologies and expand their product suite. He raised the question that a number of the companies were sold way below their Market Cap/Value siting in particular Talon (by Palo Alto Networks) & Perimeter 81, a Check Point Company both Unicorns with over a $1b valuation, which does beg the question where some Fire Sales? These wonderful M&A outcomes are just the beginning of a greater wave. and I predict over the next 6 months we will see US & Israel-based cybersecurity companies preparing to go public. The silent juggernauts that have already scaled past $100M+ of ARR are simply waiting for the IPO markets to open up. For more information on open positions, we are working on globally with our Portfolio Clients then contact Andrew Robinson FREC, louise robinson or Rebecca Beauchamp call us on +44 (0)1923 312435. Why not follow Paradigm Recruitment on: https://lnkd.in/gssS9BWN #paradigmrecruitment #hiring #careers #startup #recruitment #IPO #cybersecurity #cybercareers #cyberjobs #startupjobs #cloud #cloudsecurity #security #cloudsecurity #AI #Boiometrics #Analytics #MachineLearning #ThreatIntelligence #DarkWeb #IAM #PAM #CIAM

Top #cybersecurity M&A deals for 2023 Fears of recession, rising interest rates, mass tech layoffs, and conservative spending trends are likely to make dealmakers cautious, but an ever-increasing need to defend against bigger and faster attacks will likely keep M&A activity steady in 2023. https://lnkd.in/eeaRmfkX

#Rapid7 is going through some staffing adjustments... U.S. cybersecurity giant Rapid7 has announced plans to lay off 18% of its workforce, affecting more than 400 global employees. Rapid7 added it also plans to permanently close certain office #locations as a result of the #restructuring, which will cost the company an additional $4 million. Rapid7 did not say which locations would close. The company, which describes itself as “hybrid-first,” currently has 10 offices across the U.S., with locations in New York, Los Angeles and San Francisco. https://lnkd.in/gs6ShrBn

There are a lot of factors that play in to whether an early stage security vendor succeeds. Talent being one of the biggest. Having the best talent does not guarantee a companies' success, but having the wrong talent is a sure way to guarantee it flops, or takes years to reach it full potential. The emphasis and effort venture capital funds put on maximizing talent varies drastically. Some of our partners have full-blown in-house talent teams and a strong network of talent partners to call on for any search. Some are doing absolutely nothing about it. Aspiron Search ran a large workshop this week for one of our fund partners who are looking to elevate the value they deliver to their portfolio from a talent perspective. It was refreshing to see how eager the platform and investment team are to nail this, and the impact will be big. Any funds out there who feel they're lacking in this area, give Joseph Cooper or I a shout, and we'll happily run the session with your team. #cybersecurity #venturecapital

Welcome to the team, Felix Tan! Joining us as Business Growth Strategist, Felix brings over three decades of experience in business development and entrepreneurship. He will take on the role of strategic connector and influencer within our key markets. This includes introducing potential adopters, customers, and partners to contribute towards Flexxon’s growth initiatives. Here's a little more about Felix, in his own words: ❓Q: What about cybersecurity most excites you? 🔸A: The innovative solutions that are being developed to help make for a safer and more secure digital world for all. And what's more exciting is the fact that Flexxon's cybersecurity products are firmware-based and AI-powered, making them unique in the industry today. ❓Q: What is the most pressing security concern for today's digital society? 🔸A: Securing critical national infrastructure - energy, utilities, communications, transportation. Any failure in one or more of these can be extremely disruptive to society and perhaps even catastrophic to the country's economy. Just imagine a scenario where power is lost through a cyberattack at a national scale for just 24 hours and you will begin to appreciate the enormous repercussions this one thing alone can do to our lives, our businesses, and our economy. ❓Q: What do you most look forward to in this role? 🔸A: As we're on the cusp of being able to harness the power of quantum computing and are already witnessing the power of generative AI, you can begin to imagine how quickly cybercrime can escalate. This role then allows me the opportunity to share the benefits of "being prepared ahead of time" through Flexxon's innovative cybersecurity products with my networks here and around the region. Give us a 👍thumbs up👍 if you agree with Felix and share his (and Flexxon's) commitment to a safer digital space for all! #newhire #cybersecurity #flexxon #singaporejobs #singapore

📚💡LATEST EXPERT ADVICE. 📣 1️⃣ Fancy the nomad life? Here are tips to help you enjoy your time on the road. 2️⃣ How tech could help you retain clients and grow revenue for your law firm. 3️⃣ Redefining the CEO role to encourage more women to take on the mantle. 4️⃣ 5 ways to build cyber resilience in critical infrastructure of your business. 5️⃣ Big tech layoffs provide talent-gap opportunity, tips to snag top talent. 👤🗣️ Featuring advice from: Moustafa Hamwi, bestselling Author, executive coach, and CEO at PassionpreneurPublishing. Stefan Steenveld, the APAC Lead at Litera. Dr Liz Dallimore, neuroscientist, CEO, and Managing Director at Argenica Therapeutics. Bart Crowther, the Regional Lead, Australia & New Zealand at PlanRadar. Karen Kirton, the founder of Amplify HR. Links to the full articles are in the comment section. 🔗 Share with us your thoughts on the latest expert advice. 🗣️💭 #expertadvice #australia #humanresources #career #tech #cybersecurity

[#Tech] At Eurazeo we believe the success of technological transformations relies on unlocking the full value of human capital and recognizing that technology is powered by people.    This conviction drives our investment approach in two specific areas where we see tremendous opportunity:   ➡ New ways of working, including processes, training, and change management ➡ Cybersecurity services, where people are at the core of a continuous and effective cybersecurity program   💡 Learn more in our latest conviction paper through the insights of our Mid-large, Small-mid buyout and Venture teams, as well as case studies with Scaled Agile, Inc., I-TRACING and Cado Security: https://lnkd.in/eskT9gTx   #tech #investment #finance #buyout #growth #venture #PrivateEquity #software #services #cybersecurity #DigitalTransformation Vivianne Akriche Christian Hoyos Pierre Meignen Alexis Bisson Thomas Turelier

🚀💡 Exciting times for tech investors! While the mainstream market focuses on the usual giants, three lesser-known tech stocks are making waves and might just surge 10x! Let's dive into the details. 1. **CrowdStrike Holdings, Inc. (CRWD)** - With its robust cybersecurity solutions, Crowdrise is pivotal in today’s digital-first, remote work environment. Trading around $115, predictions suggest a potential surge to $1,200! 📈 2. **Twilio Inc. (TWLO)** - As digital communication becomes a backbone for businesses, Twilio's innovative cloud communications platform stands out. From a current $220, could we see it hitting $2,200? 🌐 3. **Zscaler, Inc. (ZS)** - With unparalleled cloud security services, Zscaler addresses vital remote work challenges. Trading at about $310, could it scale up to $3,100? 🔒 These booming areas of cyber protection and cloud solutions mark an intriguing frontier for tech investment. However, remember, the tech world is both dynamic and volatile. 🌪️ 🔎 What are your thoughts on these potential opportunities? 📊 Do you see other under-the-radar tech stocks poised for significant growth? 🔄 Feel free to share your experiences and insights! Invest wisely and always consider seeking advice from financial experts. Let's discuss! #InvestmentOpportunities #TechStocks #Cybersecurity #CloudSolutions #FinancialLiteracy #MarketTrends #TechnologyInvesting