华利安：2025年第一季度全球网络安全市场更新报告（英文版）

Q1 displayed signs of a resilient M&A market, despite the backdrop of tariff activity and macroeconomic uncertainty; however, public markets were impacted following “Liberation Day.”  Continued growth in the volume and velocity of capital investments demonstrate sustained investor demand and willingness to deploy dollars.  We anticipate activity to rise throughout 2025 alongside growing tariff and macroeconomic clarity.  This past quarter, Okta and Rapid7 saw the greatest stock price m