EY M&A Report: Cyber security deals increased 9% in Q1 2015. From DarkReading. Following record-setting levels in 2015, global technology M&A volume rose 8% sequentially and 2% year over year (YOY) in the first quarter of 2016, to 1,002 deals, according to EY’s Global technology M&A update: January-March 2016. However, quarterly value fell 65% sequentially and 14% YOY. In spite of falling numbers, the quarter still ranked among the top 10 highest-value quarters at US$66.7b.
- Cybersecurity Hiring Stays Hot, Plus More Lateral Moves. From American Lawyer. A quartet of cybersecurity pros plies their wares at new firms; Blank Rome hires a former U.S. senator; Cooley adds a high-powered private equity team; Orrick adds again in Paris; and other notable additions from throughout The Am Law 200
Bayshore Networks® Raises $6.6 Million from Trident Capital Cybersecurity and Current Angel Investors. From Bayshore Networks. Bayshore Networks, the cybersecurity leader for the Industrial Internet of Things (IoT), today announced that it has raised $6.6 million in Series A funding from Trident Capital Cybersecurity and its existing angel investors. Alberto Yépez, managing director of Trident Capital Cybersecurity, will join the company’s board. Will Lin, vice president of Trident Capital Cybersecurity, will be a board observer.