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The 10 Biggest Cybersecurity News Stories Of 2019

The cybersecurity industry has in 2019 seen lots of outside money to address challenges around data and identity, with vendors tapping into the deep pockets of venture capital and IPOs, while many MSPs have found themselves under siege.

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9. Two Big Private Equity Buys, With More Likely On The Way

Private equity firms made two big bets in the cybersecurity space in 2019, with minority owner Insight Partners purchasing a controlling stake in Recorded Future in May for $780 million to accelerate the vendor's technical and product vision. Then in October, Thoma Bravo offered to purchase Sophos for $3.82 billion less than four and a half years after the SMB platform security stalwart went public.

2020 could be an even busier year for private equity, with Permira and Advent International looking to team up and buy the former Symantec consumer business (now known as NortonLifeLock) for more than $16 billion, The Wall Street Journal reported in September. McAfee is also considering the sale of its enterprise and consumer units to one or multiple buyers, The Wall Street Journal said in December.

FireEye has hired Goldman Sachs to advise the company on a potential sale, with private equity firms believed to be the most likely buyer after an earlier process failed to attract interested strategic buyers, Business Insider said in October. And in November, Bloomberg said that Dell is conducting early stage talks about selling RSA Security, and is hoping to get at least $1 billion from the sale, including debt.

 
 
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