Tech Stocks Could See a Wave of M&A Activity
M&A activity has been big part of the global market for the past few years now, and that’s likely to continue. Tax reform has freed up more cash and made potential targets more accretive. The process may even speed up some as last month’s market sell-off may already have put some companies in the sights of acquirers.
One screen that should be of interest to many investors is the potential buyout candidates in the software and services segment. With constant new innovations to increase productivity, it makes sense that larger companies would be looking to add new capabilities and technology. The software industry has been on a wild ride this year, and it’s safe to stay that some of the newfound volatility is here to stay.
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If you want excitement via potential takeover stocks, here are two stocks to keep an eye on.
Cyberfort is strengthening the online security of companies and end-users by focusing on innovative practices such as Content Filtering and Ad Blocking. Our acquisition and development of the latest cybersecurity technology helps us tap into this increasingly large global market. In line with our mission to deliver powerful solutions across multi-platforms for personal and business users, in 2016 we acquired Vivio, a provider of pioneering AI content filtering and software protection.
Vivio currently serves over 10,000 unique users across iPhone, iPad and Mac. Vivio is an iOS 10 ad blocking app with the sole purpose to make your browsing experience better and faster. Experience the web the way it is supposed to be, clean and fast. Vivio not only removes ads from the websites you visit in Safari, it also saves you data traffic and data traffic costs up to 50% and makes your battery lasts longer as a result.
- Ad blocking privacy protection
- Reducing data usage and costs
- Faster website loading
- Better battery life
- Continuous ad blocking rule updates
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The company recently announced that it signed a letter of intent (LOI) to acquire Just Content Software. A due diligence review is underway and a final determination regarding this acquisition is anticipated within weeks.
By the LOI’s terms, CYBF will acquire 100% interest in the Just Content App, software and underlying source code. Just Content is an efficacious and multi-functional ad blocking App currently available on iTunes , that safeguards families and business, for example, from unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet with its proprietary “Home Safe Filter” and “Business Filter” products.
“CYBF aims to become a leader in developing cutting edge ad-blocking protective software that keeps the Internet safe for families and business, which in our highly technological and immediate information-access society, is a significant concern. Acquiring Just Content furthers CYBF’s commitment to provide the best and most effective ad-blocking software in the marketplace,” said Daniel Cattlin, CYBF’s CEO.
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Under the terms of the LOI, Cyberfort Software will tender shares of its stock for Just Content and provide the capital to develop a Just Content App and further develop another exceptional synergistic product, Enterprise Suite, through the calendar year of 2018 and a negotiated development budget for 2019.
“Signing this LOI with Just Content is another strategic step forward for CYBF, as we continue to offer superior software solutions that create a safer online environment for both individuals and businesses.”
The cybersecurity market is expected to grow from 152.71 billion in 2018 to 248.26 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.2% during 2018–2023. The major forces driving the cybersecurity market growth are strict data protection directives and rising cyber t********. The cybersecurity market is growing rapidly because of the rising need for cloud-based cybersecurity solutions among Small and Medium-sized Enterprises (SMEs).
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