CyberArk Shareholders Greenlight $25B CyberArk-Palo Alto Deal

CyberArk Shareholders Greenlight $25B CyberArk-Palo Alto Deal

GovCon Updates

Identity security company CyberArk shareholders have formally approved the proposed acquisition offer from Palo Alto Networks. This strong endorsement moves the $25 billion CyberArk-Palo Alto Deal closer to completion, marking a significant consolidation event in the defense and government contracting cybersecurity sector. Approximately 99.8 percent of shareholders voted in favor of the acquisition during a…

Bugcrowd Acquires Mayhem to Boost AI Cyber Testing

Bugcrowd Acquires Mayhem to Boost AI Cyber Testing

GovCon Updates

Bugcrowd significantly expanded its security testing portfolio by acquiring Mayhem Security, a company specializing in artificial intelligence-enabled offensive security tools. This strategic move directly addresses the growing demand within the government contracting sector for faster, more comprehensive vulnerability detection and remediation capabilities. Integrating AI and Human Ingenuity The combined entity will immediately launch an AI-powered,…