Sophos has been buying companies like crazy and it is starting to look like more spending is on the way.
Sophos acquired machine-learning security start-up Invincea for $100 million in February, following takeovers of Barricade IO, Mojave Networks, SurfRight and Cyberoam.
CEO Kris Hagerman, has hinted that other purchases are certain to happen.
In recent interviews Hagerman has hinted that the industry should expect more M&A activity in next few years.
He said that there was not an acquisition policy, as the outfit is committed to innovating and spends a lot on R&D.
The idea was to have a mix of organic development and every now splurge on some targeted M&A to help enhance or accelerate Sophos’ own efforts.
Sophos has acquired half a dozen companies over the last four or five years – it’s probably reasonable to expect something in a similar zip code over the next few years, he said.
