#82. What’s The Next $20bn+ Cybersecurity Acquisition?

This year, we have seen the two biggest cybersecurity acquisitions ever made: Google Cloud’s acquisition of Wiz, for $32bn USD, and Palo Alto Networks’ $25bn deal to acquire CyberArk. And it’s only August!Cybersecurity investment continues to grow at a staggering pace. According to Return On Security, cybersecurity funding is up 202% in Q2/3 2025 compared to the same period last year, with M&A deals up 92%.What’s driving these trends? What are the hottest areas to invest in cybersecurity today? Who are the hottest companies to watch, and who could be next in line for a $20bn USD+ acquisition?At Black Hat USA 2025, we spoke with Deepak Jeevankumar, Managing Director at Dell Technologies Capital, to cover these questions, and much more. Chapters00:00 Cybersecurity Investment Surge02:35 Trends in Cybersecurity: Evergreen vs. Cyclical05:43 The Importance of Identity in Cybersecurity08:42 AI's Impact on Cybersecurity11:37 Navigating the Evolving AI Security Landscape14:21 Challenges and Opportunities for Startups17:20 Future Predictions in Cybersecurity AcquisitionsAbout Expert InsightsExpert Insights saves you time and hassle by rigorously analyzing cybersecurity solutions and cutting through the hype to deliver clear, actionable shortlists. We specialize in cybersecurity. So, our focus is sharper, our knowledge is deeper, and our insights are better. What’s more, our advice is completely impartial.In a world saturated with information, we exist to arm experts with the insights they need to protect their organization. That is why over 1 million businesses have used us to inform their cybersecurity research. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcasts.expertinsights.com