Channel partners

SilverSky, an MSSP & managed detection and response (MDR) services provider, acquires security information & event management (SIEM) & MDR platform company Cybraics.

SysGroup, a managed services & cloud hosting provider & IT consultant, acquires UK-based MSSP Truststream Security Solutions.

Google Chronicle MSSP Partner Program engages Cyderes (part of Herjavec & Fishtech Group), Netenrich & Novacoast; counters AWS & Microsoft MSSP partner initiatives.

MSSP purchase price valuation is roughly 5.1X to 6.0X annual EBITDA, based on various earn-out & financial performance targets.

Kroll, which has a Top 250 MSSP business practice, acquires risk intelligence technology provider Resolver. Cybersecurity M&A activity remains strong.

Secureworks, owned by Dell, accelerates its Taegis XDR security revenue. But the MSSP's overall business revenue continues to contract.

European aerospace giant Airbus is interested in acquiring the Atos -- mainly because of Atos cybersecurity & MSSP business, report suggests.

Amazon Web Services (AWS) & Microsoft Azure continue to expand cloud security partnerships with MSSPs. Will Google Cloud follow suit?