Startup Nation Central warns on cybersecurity overdependence
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Startup Nation Central’s report for the first half of 2024 reveals that Israeli mergers and acquisitions (M&As) reached USD 4.1 billion, marking the highest total since 2018 and a 70% increase from the second half of 2023.
However, the overall number of deals remained low, indicating a concentration of large acquisitions within the cybersecurity sector. Specifically, nine Israeli cybersecurity firms were acquired for USD 1.5 billion, accounting for 35% of all M&A activity during this period.
Read more in Globes.
