NEW YORK (TheStreet) -- Even as IT spending kicks off to a slow start following the recession, M&A in tech is definitely not dead.

Analysts expect tech's major players, including

IBM

(IBM) - Get Report

,

H-P

(HPQ) - Get Report

and

EMC

(EMC)

to continue with the buying spree they started last year. What they're looking for in 2010: security firms, a sector led by the likes of

McAfee

(MFE)

.

"To all the stacked dominators -- the large guys like

Oracle

(ORCL) - Get Report

,

Microsoft

(MSFT) - Get Report

and

Cisco

(CSCO) - Get Report

-- security, which is very relevant to their software

and network infrastructure offerings, is a top priority," says Don More, a partner with New York investment bank Updata Advisors. "More and more of them are realizing that security and system maintenance should be in the same box."

More points specificially to H-P, which he says "lacks the core capability" of security expertise that would benefit the firm on its software side.

In terms of targets,

McAfee has long been rumored a good buy for large tech firms

, despite its $6.24 billion market cap that makes it an expensive grab. McAfee reported better-than-expected results for the fourth quarter, reporting revenue of $525.7 million, up from $424 million in the same period last year and well above analysts' forecast of $514.81 million.

Also a potential target is

ArcSight, IT security's rising star

, which sells devices for monitoring security threats across data centers.

Read on for two less familiar security firms rumored to be potential acquisitions.

SonicWall

SonicWall, which beat Wall Street's estimates in its fourth-quarter results

last week, has also been touted as potential M&A bait. The San Jose, Calif.-based firm builds a host of security products, encompassing firewalls, as well as network and email security.

Said to be gaining market share from rival Cisco, SonicWall's stock has been on an uptick since it reported its fourth-quarter numbers. The company also gave bullish first-quarter guidance.

Websense

Another security specialist attracting positive attention is Websense, which recently combined its Internet, data, and email security technologies into a single platform.

The San Diego, Calif.-based firm, which competes with McAfee,

Check Point

(CHKP) - Get Report

and

Blue Coat Systems

(BCSI)

, met analysts' estimates in its recent fourth-quarter results.

--Reported by James Rogers in New York

RELATED STORIES

>>McAfee, Bullish, Beats Q4 Estimates

>>Obama: Tech Security a Key Priority

>>Tech Hitting the M&A Trail

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