Momentum Cyber Founder & CEO Eric McAlpine recently joined Doug Merritt, Chairman & CEO of Aviatrix, on the In Progress podcast for a deep dive into the state of cybersecurity M&A and where capital is headed next.
Eric walked through why deal count — not headline value — is the truest read on market health, why strategics now drive 86% of M&A volume, and why AI security has become the fastest category cycle Momentum Cyber has ever tracked, moving from financing to M&A in under two years. The conversation also covered the industry’s shift from detection toward prevention, and Eric’s framework for spotting where the next wave of dealmaking will land: “follow the people and follow the money.”