If the Tech industry has reached new highs in recent weeks, the cybersecurity sector has encountered some turbulence with Palo Alto’s acquisition of CyberArk raising some concerns about the need for large-scale M&A to sustain growth and Fortinet’s earnings commentary and soft Q3 outlook in early August weighing on the group and dragging down peers.…
According to The Wall Street Journal, Palo Alto Networks is in advanced talks to acquire identity and access management leader CyberArk in a deal exceeding $20 billion. This potential acquisition would mark a strategic leap for Palo Alto. First, it aligns with the company’s ongoing “platformization” strategy by extending its reach beyond network, cloud, and…
Thoma Bravo, a leading private equity firm whose investment focus is software and cybersecurity, announced last week the completion of fundraising for various buyout funds totaling more than $34 billion. Considering that Thoma Bravo has been a major M&A predator of listed cybersecurity midcaps in the last couple of years with five acquisitions in a…
Machine identity has emerged as a major growth opportunity for the cybersecurity industry lately, specifically for identity & access management specialists. Machine identity refers to a unique digital credential assigned to non-human entities, ensuring secure interactions between machines and allowing only trusted systems to access and exchange information. Historically, this term has included a wide…
Almost a year after initial discussions, Google is finally acquiring the privately-held cloud cybersecurity company Wiz for a staggering $33 billion, marking the largest deal in the industry to date, surpassing the $28 billion Cisco’s acquisition of Splunk from two years ago. In recent years, Tech giants have been intensifying efforts to strengthen their cybersecurity…
Palantir, the largest position in both our AI and Cybersecurity portfolios, impressed again last night with revenue growth accelerating for the sixth quarter in a row to 36% (from 30%) and a FY25 revenue growth guidance of 31%, both figures coming 5-10% ahead of expectations. The strong top-line performance sparked another significant margin leverage, with…
Synapse Invest was founded in 2019 with the mission of offering a diverse range of thematic investment products centered around innovation. Our journey began with the launch of our first Actively Managed Certificates (AMCs) in the closing weeks of 2019, and we are now proud to celebrate more than five years of consistent growth and…
While most software companies, from the small ones (C3.ai, MongoDB…) to the large ones (Adobe, ServiceNow, Salesforce…), are now wannabe AI companies, Palantir is the real deal in our view. The company, known for its software products used by governments/military around the world, has developed over the years an AI platform (AIP) that is quickly…
The upcoming earnings season could be a bit noisy for the cybersecurity players, as violence escalation in the Middle East is likely to have hampered project timelines and delays product innovations in Israel where many cybersecurity firms are located and/or have large R&D teams. It’s probably no coincidence that Q3 VC funding in cybersecurity startups…
Even if cybersecurity remains a top IT priority for most organizations (along with AI, obviously) and, accordingly, keeps growing fast, two events affecting two of the largest cybersecurity vendors have weighed down on investor sentiment this year: Palo Alto’s aggressive pricing policy, fueling concerns about the company’s short-term outlook and potential industry-wide discounting initiatives; and,…