Despite the COVID-19 pandemic, cybersecurity mergers and acquisitions this year are on pace with 2019, although it seems there is less appetite to spend big. The 11 largest deals in 2019 totaled over $30 billion, whereas the top ten in 2020 have totaled about $13 billion. The largest deal in 2020 is less than half the size of the largest in 2019. Private equity firms continue to have a large presence in the biggest acquisitions.
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