Qualys, Inc. (NasdaqGS:QLYS) is looking for acquisitions. Joo Mi Kim, CFO said, "So the way we think about our cash and the utilization of excess cash is really -- looking into 2024, we are anticipating more and more M&A opportunities, especially at a valuation that we think that makes sense for us. And so we are going to be taking a look at potential acquisition targets opportunistically and then taking action on leveraging our balance sheet".