A printed circuit board. Photo: Anton Novoderezhkin/TASS via Getty Images

Cybersecurity startup exits will most likely come in the form of mergers and acquisitions, rather than initial public offerings, according to a report from SharesPost, a private share exchange for startup investors.

What to watch: The top acquirers of cybersecurity firms will likely be big tech companies like Symantec, Cisco, Microsoft, and Raytheon, which have been snatching up cybersecurity startups lately.

What's happening:

  • Symantec has recently acquired Skycure, Fireglass and Lifelock
  • Cisco just this month announced its intent to acquire Duo Security and acquired Observable Networks last year
  • Microsoft acquired Hexadite last year
  • A division of Raytheon acquired RedOwl last year.

Trend: Israel-based firms are hot commodities, as U.S. tech companies want to absorb their cybersecurity acumen.

Other big buyers: IBM, EMC, McAfee, Trustwave Holdings, Google, Blackberry, and Universal Protection Service.

The money: The pace of spending on cybersecurity firms could shoot past IT spending to create a $165 billion market in 2023, per SharesPost. That market is at $95 billion today.

Go deeper

The apocalypse scenario

Illustration: Aïda Amer/Axios

Democratic lawyers are preparing to challenge any effort by President Trump to swap electors chosen by voters with electors selected by Republican-controlled legislatures. One state of particular concern: Pennsylvania, where the GOP controls the state house.

Why it matters: Trump's refusal to commit to a peaceful transfer of power, together with a widely circulated article in The Atlantic about how bad the worst-case scenarios could get, is drawing new attention to the brutal fights that could jeopardize a final outcome.

Federal judge rules Trump administration can't end census early

Census workers outside Lincoln Center in New York. Photo: Noam Galai/Getty Images

A federal judge ruled late Thursday that the Trump administration could not end the 2020 census a month early.

Why it matters: The decision states that an early end — on Sept. 30, instead of Oct. 31 — would likely produce inaccuracies and thus impact political representation and government funding around the country.

Caitlin Owens, author of Vitals
2 hours ago - Health

Where bringing students back to school is most risky

Data: Coders Against COVID; Note: Rhode Island and Puerto Rico did not meet minimum testing thresholds for analysis. Values may not add to 100% due to rounding; Cartogram: Andrew Witherspoon/Axios

Schools in Southern and Midwestern states are most at risk of coronavirus transmission, according to an analysis by Coders Against COVID that uses risk indicators developed by the Centers for Disease Control and Prevention.

The big picture: Thankfully, schools have not yet become coronavirus hotspots, the Washington Post reported this week, and rates of infection are lower than in the surrounding communities. But that doesn't mean schools are in the clear, especially heading into winter.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!