Trustwave and Cybereason announce merger

The deal is expected to fully close in early 2025.

Managed services provider Trustwave and cybersecurity software company Cybereason announced a merger on Tuesday, with the hopes of expanding market share and using each company’s product portfolio to boost the others’ offerings. 

Terms were not disclosed. The transaction is supposed to close in early 2025, pending customary closing conditions and regulatory approvals. 

The two companies described the merger as a “consolidation,” with the companies’ combined expertise in areas like Managed Detection and Response (MDR), Endpoint Detection and Response (EDR), offensive security, security research, digital forensics, incident response, and threat intelligence services. The two companies will function independently but collaborate strategically to bring greater value to their client base.

The release states that developing “purpose-driven AI” and focusing on Microsoft Security services will be among the top priorities.

“As the cybersecurity landscape continues to evolve, organizations are seeking more comprehensive solutions that integrate technology, services, AI and human-led expertise to keep threat actors from causing harm,” said Eric Gan, chairman and CEO of Cybereason. “This partnership strengthens our collective capabilities across MDR, offensive security, DFIR, and cybersecurity consulting services, enabling us to unlock additional value for our clients globally and our partners in the cyber insurance and legal industries.” 

Trustwave CEO Eric Harmon said in a release that “by combining our strengths, Trustwave and Cybereason are uniquely positioned to support our clients’ shifting needs, optimize their technology investments, and stay ahead of the cyber risks that are constantly evolving. This collaboration allows us to provide broader, more integrated solutions that safeguard the future of our clients’ organizations.”

The merger follows similar consolidation deals among veteran cybersecurity companies in the past few months. In August, Israeli cybersecurity firm Check Point Software Technologies announced it acquired threat intelligence firm Cyberint. In October, cybersecurity firm Sophos agreed to acquire Secureworks in an all-cash transaction valued at $859 million. 

Government

• FBI officials say AI is bolstering adversaries, emphasizing need to focus on cyber basics, patching

• Feds accuse China of ‘systematic’ distillation of U.S. AI models

• CIA’s Michael Ellis says cyber intelligence is changing how the agency operates

• The G7 tells industry to hurry up and prep for post-quantum encryption

Technology

• European parliament members call for slowdown of Serbia’s EU entry over spyware use

• FCC proposes public scorecard to rate telecoms on anti-robocall efforts

• Pegasus, NoviSpy variant spyware found on devices of Serbian activists

• Wyden seeks upgraded NSA security guidance on commercial VPN use

Threats

• Microsoft discloses two actively exploited zero-days among 974 vulnerabilities

• Russian national extradited to US for alleged involvement in bank-account takeover scheme

• Attackers exploit zero-days in consistently besieged SonicWall product

• Jail time for Maine child in 764 marks turning point in federal law enforcement

Policy

• Whistleblower says USPS deploying new, ‘untested’ IT systems governing mail-in ballots

• ‘Watershed 250’ test program in Texas looks to private sector for water cybersecurity help

• Former sexual abuse victims say Grok used their images, videos to train deepfake capabilities

• Cyber threats nudge Trump to sign executive order on foreign equipment in U.S. energy infrastructure