● Covered by 1 source · 1 reportMedium impact1 neutral
Twenty-One Cybersecurity M&A Deals Announced in July 2026
Key points
- 21 cybersecurity M&A deals were announced in July 2026.
- Bank of America acquired MDSec Consulting Limited to expand its UK presence.
- Barracuda Networks acquired Evo Security for identity and IAM capabilities.
- Cribl acquired CardinalOps for AI detection engineering.
- CrowdStrike bought XM Cyber's patents and source code for exposure management.
- Cyera acquired Oasis Security for approximately $1 billion to unify data security and non-human identity governance.
- Infoblox purchased Kentik for network intelligence and observability.
- Okta acquired Permiso Security for identity threat detection.
- Palo Alto Networks plans to acquire Embrace for mobile and web observability.
Overview of July 2026 Cybersecurity M&A
July 2026 saw a total of twenty-one merger and acquisition (M&A) deals in the cybersecurity sector. This activity highlights continued investment and consolidation as companies seek to enhance their offerings and market reach.
Key Acquisitions and Strategic Expansions
Several notable acquisitions occurred during the month. Bank of America announced its intent to acquire UK-based information security consultancy MDSec Consulting Limited, which will expand the bank's presence in northern England. Barracuda Networks acquired Texas-based Evo Security, integrating multi-tenant identity, IAM, and PAM capabilities into its BarracudaONE platform for MSP partners.
Cribl acquired Israeli AI detection engineering startup CardinalOps, aiming to bring automated detection engineering to its AI platform to improve threat coverage and reduce log management costs for enterprise SOCs. Following this acquisition, Cribl is establishing a new office in Tel Aviv.
Major Player Moves
Cybersecurity firm CrowdStrike purchased the patents and source code of Israel’s XM Cyber from Schwarz Group, allowing CrowdStrike to integrate exposure management and attack-path analysis directly into its offerings. The financial details were undisclosed, but Schwarz Group had acquired XM Cyber in 2021 for $700 million.
California/Israel-based Cyera agreed to acquire Israeli startup Oasis Security in a transaction valued at approximately $1 billion. This move aims to unify Cyera’s data security platform with Oasis’s non-human identity governance to protect enterprise AI agents and service accounts.
Enhancing Specific Cybersecurity Capabilities
Infoblox entered into a definitive agreement to purchase network intelligence and observability platform Kentik, integrating Infoblox’s DNS/network context with Kentik’s real-time network traffic visibility to strengthen hybrid cloud cyber resilience. Okta signed an agreement to acquire Palo Alto-based Permiso Security for an estimated $200 million, equipping Okta with continuous identity threat detection (ITDR) capabilities for human, machine, and autonomous AI identities across cloud environments.
Palo Alto Networks also announced plans to acquire user-focused mobile and web observability platform Embrace, with intentions to integrate it into its existing offerings.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Twenty-one cybersecurity merger and acquisition deals were announced in July 2026, including significant acquisitions by Bank of America, Barracuda Networks, Cribl, CrowdStrike, Cyera, Infoblox, Okta, and Palo Alto Networks. These acquisitions expand capabilities in areas such as identity management, AI detection engineering, exposure management, data security, network intelligence, and threat detection, reflecting ongoing consolidation and strategic growth within the cybersecurity sector.