Heavy cybersecurity M&A spending may be here to stay

Cybersecurity M&A will likely remain hot, even as investor interest in tech more broadly continues to cool.

Investors in recent years have piled into cybersecurity, paying high valuations for equity stakes in a range of companies that have yet to produce a profit. That thesis expanded into M&A, where both strategic and financial investors struck deals at record paces and prices throughout the pandemic and into 2022.

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