DarkTrace acquires Cado Security – Cybersecurity Insiders


Darktrace has officially announced its acquisition of Cado Security for £131 million, marking the first major deal for the cybersecurity giant since its own acquisition by Thoma Bravo in October 2024. This strategic move signals Darktrace’s intent to solidify its position in the cybersecurity market through innovative collaborations and expanded capabilities.

Cado Security, a UK-based cybersecurity firm, expressed enthusiasm about the development. The company’s Research and Development teams, currently based in Bristol and London, are set to collaborate closely with Darktrace’s teams in The Hague, Cambridge, and other locations starting from March or May this year. This integration is expected to foster a seamless exchange of expertise and drive advancements in cybersecurity solutions.

Industry experts have praised the deal as a potential “win-win” scenario for both organizations. The partnership will bring together Cado Security’s expertise in forensic investigation technology and Darktrace’s ActiveAI security platform. This fusion aims to enhance secure data collection and management across multi-cloud environments, addressing the complex challenges of modern cybersecurity.

Furthermore, Darktrace plans to leverage this acquisition to strengthen its product portfolio for major cloud platforms, including AWS and Microsoft Azure. By addressing vulnerabilities in SaaS and cloud infrastructures, the company seeks to proactively thwart cybercriminal activities and provide enhanced protection for businesses operating in the cloud.

This acquisition highlights Darktrace’s commitment to innovation and its strategic vision to remain at the forefront of the cybersecurity industry. As the two companies integrate their technologies and resources, the collaboration promises to deliver significant benefits for clients navigating the evolving digital threat landscape.

Ad

Join over 500,000 cybersecurity professionals in our LinkedIn group “Information Security Community”!

Naveen GoudNaveen Goud

Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security



Source link