Bob Ackerman
It was a failure. That’s what we learned in September about semiconductor giant Intel’s acquisition of antivirus software maker McAfee five years ago. Intel agreed to sell a majority stake in its $7.7 billion acquisition to a private equity firm at a price that showed that McAfee’s assets had increased only marginally, if at all. […]
Startups are going after the issue through innovation, but what we need is a comprehensive framework from our leaders
A major increase in cyber security innovation – coupled with a growing number of lucrative exits -- is fueling investor interest in the sector. The expansion is likely to continue as the mounting frequency, severity and costs of corporate breaches leave enterprises little choice but to boost security spending.
Guest blogger Bob Ackerman Jr. of Allegis Capital explains why venture investment in cybersecurity startups increased by 5 percent to $1 billion last year, while overall venture investments declined.
Despite the protests from the Kauffman Foundation and others about its demise, venture capital is very much alive. Having just returned from a trip abroad to talk to numerous investors, I am sensing a true tipping point in attitudes toward venture and in the appetite for investing