cybersecdirectory

IoT, embedded and product security acquisitions and funding

33 acquisitions of IoT security companies since 2020 and 67 funding rounds since 2022 on record. The most active buyers are JFrog (2) and Microsoft (2). See the IoT security companies in the directory.

33acquisitions
$9.7bnpaid in the 8 acquisitions with a disclosed price
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Deals

Showing 1 to 33 of 33

DateDealAmountSource
July 2026Qualcomm acquired SAM Seamless NetworkIsraeli startup making network security software for IoT devicesUndisclosedReport on Qualcomm buying SAM Seamless Network, July 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
May 2026Dragos acquired PhosphorusSpecialises in xIoT security for connected devices in critical infrastructureUndisclosedReport on Dragos buying Phosphorus, May 2026 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2025ServiceNow acquired ArmisArmis provides cyber exposure management and security for connected devices and operational technology.$7.8bnReport on ServiceNow buying Armis, December 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2025Arteris acquired CycuitySemiconductor cybersecurity assurance specialistUndisclosedReport on Arteris buying Cycuity, December 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2025Axonius acquired CynerioSecures medical devices in healthcare environments$100mReport on Axonius buying Cynerio, July 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2025Riverside Research acquired Cog SystemsSecure virtualization and cryptographic solutions for mobile and IoT devicesUndisclosedReport on Riverside Research buying Cog Systems, March 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2025Enigma acquired DellferFirmware security company for automotive and IoT devicesUndisclosedReport on Enigma buying Dellfer, January 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2025Cadence acquired Secure-ICProvides embedded security IP, tools and evaluation services for chipsUndisclosedReport on Cadence buying Secure-IC, January 2025 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2024Synopsys acquired Intrinsic IDSemiconductor IP portfolio company, including security IP for embedded devicesUndisclosedReport on Synopsys buying Intrinsic ID, March 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2024Option3 acquired Onclave NetworksDelivers zero trust products for internet connected and industrial equipmentUndisclosedReport on Option3 buying Onclave Networks, January 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2023Lynx Software Technologies acquired TimesysSupplies freely available code security and help for small devicesUndisclosedReport on Lynx Software Technologies buying Timesys, December 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
May 2023SGT Capital acquired ElatecMakes secure access readers and cloud platform for physical and digital identityUndisclosedReport on SGT Capital buying Elatec, May 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2023DEKRA acquired Onward SecurityCybersecurity testing and certification for IoT, automotive and industrial devicesUndisclosedReport on DEKRA buying Onward Security, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2022Secure-IC acquired Silex InsightProvides embedded cybersecurity solutions for connected devicesUndisclosedReport on Secure-IC buying Silex Insight, November 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2022Codasip acquired Cerberus Security LabsIoT security firm providing technology and experts for secure RISC-V processor designsUndisclosedReport on Codasip buying Cerberus Security Labs, November 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2022Netskope, Inc acquired WootCloudProvides a smart device security platform for enterprise IoT devicesUndisclosedReport on Netskope, Inc buying WootCloud, June 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2022lowRISC acquired NewAE TechnologyEmbedded security solutions provider based in CanadaUndisclosedReport on lowRISC buying NewAE Technology, June 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2022Comcast acquired LevlA young company working on gadget tracking that guards safety and personal data$50mReport on Comcast buying Levl, June 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2022Forescout Technologies acquired CyberMDXHealthcare cybersecurity firm protecting connected medical and IoT devicesUndisclosedReport on Forescout Technologies buying CyberMDX, February 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2022DigiCert acquired MocanaUndisclosedReport on DigiCert buying Mocana, January 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2021Claroty acquired MedigateHealthcare IoT security company$400mReport on Claroty buying Medigate, December 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2021Clavister acquired Omen TechnologiesCreates smart security tools for connected industrial devices$1.8mReport on Clavister buying Omen Technologies, October 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
September 2021JFrog acquired UpswiftRuns a system for overseeing gadgets linked to the internetUndisclosedReport on JFrog buying Upswift, September 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2021View, Inc acquired IoTiumRuns secure cloud-based networks linking everyday devicesUndisclosedReport on View, Inc buying IoTium, July 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2021Microsoft acquired ReFirm LabsHelps businesses find and fix weak links in firmwareUndisclosedReport on Microsoft buying ReFirm Labs, June 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2021JFrog acquired Vdoo Connected TrustIoT security company helping deliver software security across releases$300mReport on JFrog buying Vdoo Connected Trust, June 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2021Relay Medical Corp acquired Cybeats TechnologiesIoT cybersecurity firm helping make connected devices more secure$7.2mReport on Relay Medical Corp buying Cybeats Technologies, March 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2021Akamai Technologies acquired InverseHelps organisations identify IoT, mobile and other device typesUndisclosedReport on Akamai Technologies buying Inverse, February 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2020Siemens acquired UltraSoC TechnologiesProvides instrumentation and analytics putting monitoring, cybersecurity and safety into system-on-chip hardwareUndisclosedReport on Siemens buying UltraSoC Technologies, June 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
June 2020Microsoft acquired CyberXAn IoT security company based in Waltham, MassachusettsUndisclosedReport on Microsoft buying CyberX, June 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
April 2020Cisco acquired Fluidmesh NetworksWireless backhaul systems for industrial IoT and transit assetsUndisclosedReport on Cisco buying Fluidmesh Networks, April 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
January 2020Wind River acquired Star LabFirm protecting built-in computer systems with tools against interferenceUndisclosedReport on Wind River buying Star Lab, January 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)
January 2020Insight Partners acquired ArmisArmis provides cyber exposure management and security for connected devices and operational technology.$1.1bnReport on Insight Partners buying Armis, January 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)

Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Each Report link goes to the announcement or story the source cites, and the via link to the round-up or newsletter issue. Amounts are in US dollars. The category is what the bought or funded company sells.