Skyhigh Security Likely an Acquisition Target

Omdia’s Eric Parizo said Skyhigh Security will likely be acquired by another, larger company.

“I think the SSE portfolio as a standalone acquisition would be easier to sell and more attractive to an acquirer [than Trellix],” he said. As we’ve seen recently with the separation of the consumer and enterprise elements of Symantec and McAfee, as well as the FireEye/Mandiant breakup, splitting security companies into smaller pieces (so an acquirer doesn’t have to) has proven successful in getting one or both sold off quickly. My expectation is that Skyhigh will be acquired by a large IT platform vendor like IBM, VMware or Oracle, or potentially a major services player like Verizon, before the end of 2022. Unless it can jettison the legacy FireEye network security portfolio, I see less interest in a Trellix acquisition.”