Synopsis​​Over 400 cybersecurity M&A deals were announced in 2025, up 22% YoY in volume, according to law firm Herbert Smith Freehills Kramer. Total disclosed deal value reached an estimated $84-96 billion. 2026 is on pace to exceed 2025 in deal count.The cybersecurity market is undergoing one of its biggest consolidation cycles in years, with large vendors racing to acquire skills in identity management, cloud security, observability and data security. Over 400 cybersecurity M&A deals were announced in 2025, up 22% YoY in volume, according to law firm Herbert Smith Freehills Kramer. Total disclosed deal value reached an estimated $84-96 billion. 2026 is on pace to exceed 2025 in dealNow Playing