Bitdefender To Acquire Horangi Cyber Security To Expand Its Gravityzone Unified Risk And Security Analytics Platform
Jun 28, 2023•about 2 years ago
Acquiring Company
Bitdefender
Acquired Company
Horangi Cyber Security
Description
Bitdefender, a global cybersecurity leader, today announced it has agreed to acquire Singapore-based Horangi Cyber Security to address the growing demand for advanced, streamlined management of cybersecurity, compliance, and governance of multi-cloud environments.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed