Investment in IT security companies soars
According to the latest research from market intelligence company, Venture Business Research, total investment in privately-owned IT security companies around the world has soared during the last three quarters, exceeding $2.6bn in Q2 2007
According to VBR's latest Global Security Research Report, total investment in privately-owned IT security companies around the world has soared during the last three quarters, exceeding $2.6bn in Q2 2007. The significant increase in Q2 is partly accounted for by a number of major private equity funded acquisitions, such as the $1,1bn acquisition of Aeroflex Inc. by Veritas Capital.
In the US, IT Security accounts for 50% of security companies financed in 2007. This is 10% higher than in Europe. 46% of privately-owned US IT security companies financed in 2007 were based in or around Silicon Valley.
According to VBR, enabling technologies (dual-use technologies), IT Security and emergency response have been the three sub-sectors to have attracted the most significant funding. Together these three sub-sectors secured 83% of investment entering the sector in 2007. www.vbresearch.com
