Under Pressure, Cybersecurity Market Is Ripe for M&A; in 2016
The cybersecurity sector, which boomed over the last two years, is cooling. “Two months ago, I would have said we were 18 months away from going public but now, with the market the way it is, it’s more like 36 months,” said Matthew Prince, CEO of CloudFlare. Venture capitalists and investment bankers now expect 2016 to see an increase in mergers and acquisitions as the market consolidates.