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ET Graphics: Behind the $96 billion cyber rollup

Wednesday, August 5, 2026 - 23:19
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​​Over 400 cybersecurity M&A deals were announced in 2025, up 22% YoY in volume, according to law firm Herbert Smith Freehills Kramer. Total disclosed deal value reached an estimated $84-96 billion. 2026 is on pace to exceed 2025 in deal count.

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