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  6. Absolute Acquires Syxsense

M&A Deal Summary

Absolute Acquires Syxsense

On September 5, 2024, Absolute acquired internet software and services company Syxsense

Acquisition Highlights
  • This is Absolute’s 2nd transaction in the Internet Software and Services sector.
  • This is Absolute’s 4th transaction in the United States.
  • This is Absolute’s 2nd transaction in California.

M&A Deal Summary
Date 2024-09-05
Target Syxsense
Sector Internet Software and Services
Buyer(s) Absolute
Deal Type Add-on Acquisition

Target

Syxsense

Newport Beach, California, United States
Syxsense specializes in endpoint security and IT management solutions. Syxsense provides a unified cloud-based platform that integrates vulnerability scanning, patch management, and endpoint protection. Syxsense was founded in 2012 and is based in Newport Beach, California.

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Buyer(S) 1

Buyer

Absolute

Vancouver, British Columbia, Canada
Category Company
Founded 1993
Sector Software
Revenue 197M USD (2022)
DESCRIPTION

Absolute Software is a provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute's platform offers a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Absolute was founded in 1993 and is based in Vancouver, Canada.

DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 NetMotion Software

Seattle, Washington, United States

NetMotion Software is a privately held software company that develops software for organizations with mobile workforces, focusing on security, management, and optimization of their wireless data deployments. NetMotion Software was founded in 2001 and is based in Seattle, Washington.

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