Cybereason and Trustwave, a top cybersecurity and managed security services provider, have announced their definitive merger agreement.
This strategic consolidation will broaden the spectrum of cybersecurity solutions available, enhancing the ability to address the increasingly sophisticated threat landscape. SoftBank, as the majority investor, supports this merger which aims to combine strengths in Managed Detection and Response (MDR), offensive security, and other critical areas.
The merger between Cybereason and Trustwave is set to strategically cater to the rising demand for integrated and comprehensive cybersecurity solutions. This union will amalgamate Cybereason’s and Trustwave’s services in managed security, cybersecurity consulting, and DFIR to create a unified front against cyber threats. The financial terms of the deal were not disclosed, but the transaction is poised to close in early 2025, pending regulatory approvals.
Cybereason, established with a focus on EDR, has made significant strides in the cybersecurity field, especially in Japan and Continental Europe. On the other hand, Trustwave excels in providing a wide range of cybersecurity services including MDR, DFIR, and offensive security, with a strong market presence in the Americas, the United Kingdom, Australia, and the Middle East.
The collaboration will see the two firms operating independently yet strategically aligning to expand their market presence and enhance cyber value for clients. Together, they will leverage Trustwave’s extensive market reach and Cybereason’s technological advancements to offer comprehensive cybersecurity solutions.
The merger will focus on accelerating strategic investments in cybersecurity technologies and maximizing Microsoft E5 investments through advanced Microsoft Security services. Enhanced MDR capabilities and a full suite of consulting services are also key components of this strategic consolidation.
“Today’s news marks an exciting evolution in the cybersecurity industry,” Cybereason Chairman & CEO Eric Gan commented. Trustwave CEO Eric Harmon added, “Our merger with Cybereason is a strategic step in delivering a more dynamic and comprehensive offensive and defensive cybersecurity portfolio to our clients across all market segments.”
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