Cybersecurity
Cybersecurity Deals to Rise as Tech M&A Returns, Houlihan Lokey Says
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Houlihan Lokey Inc. expects to see a pickup in acquisitions of cybersecurity companies this year as technology dealmaking starts to bounce back.
The rise of artificial intelligence is heightening risks from malware and ransomware, increasing demand for cybersecurity, according to Phil Adams, head of Houlihan Lokey’s global technology group. The value of cybersecurity deals announced this year has already risen 32% to $3.4 billion, data compiled by Bloomberg show.