One morning soon you no longer will have to speak about bbVeritas Capital’s interest in BlackBerry is not exclusive; other suitors are also reportedly interested in acquiring parts or all of the Canadian-based tech firm. The ongoing acquisition discussions signify a pending wave of consolidation in the cybersecurity market.
These acquisitions are expected to increase the market share of the acquiring companies and to help them offer more comprehensive cybersecurity solutions. The market for cybersecurity solutions is expected to grow due to the increasing frequency and sophistication of cyberattacks. The acquisitions are also expected to help the companies expand their portfolios and to offer better B2B software solutions.