M&A Deal Summary

OPSWAT Acquires Fend

On December 18, 2024, OPSWAT acquired information technology company Fend

Acquisition Highlights
  • This is OPSWAT’s 2nd transaction in the Information Technology sector.
  • This is OPSWAT’s 5th transaction in the United States.
  • This is OPSWAT’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-12-18
Target Fend
Sector Information Technology
Buyer(s) OPSWAT
Deal Type Add-on Acquisition

Target

Fend

Arlington, Virginia, United States
Fend is a data pipeline and cybersecurity company. Fend physically protects connected equipment from cyberattacks and ransomware while safely opening the door to AI-based tools. Fend was formed in 2017 and is headquartered in Arlington, Virginia.

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Buyer(S) 1

Buyer

OPSWAT

Tampa, Florida, United States

Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

OPSWAT provides solutions to secure and manage IT infrastructure. OPSWAT's critical infrastructure cybersecurity helps protect the world’s mission-critical organizations from malware and zero-day attacks. To minimize the risk of compromise, OPSWAT Critical Infrastructure Protection solutions enable both public and private organizations to implement processes that ensure the secure transfer of files and devices to and from critical networks. More than 1,000 organizations worldwide spanning Financial Services, Defense, Manufacturing, Energy, Aerospace, and Transportation Systems trust OPSWAT to secure their files and devices; ensure compliance with industry and government-driven policies and regulations, and protect their reputation, finances, employees, and relationships from cyber-driven disruption. OPSWAT was founded in 2002 and is based in Tampa, Florida.


DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Virginia) 1 of 1
Country (United States) 5 of 5
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-07 InQuest

Austin, Texas, United States

InQuest is a cybersecurity solutions provider known for its novel Deep File Inspection® and RetroHunting technologies. InQuest is based in Austin, Texas.

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