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Darktrace Snags Cado Security: A £131 Million Power Move in Cybersecurity Comedy
Darktrace has acquired Cado Security for £131 million, marking its first major deal since its own acquisition by Thoma Bravo. This strategic move aims to enhance Darktrace’s position in the cybersecurity market by integrating Cado’s forensic technology with its ActiveAI platform, offering advanced protection across multi-cloud environments.
Hot Take:
Darktrace just swiped right on Cado Security, marking a match made in cyber-heaven! With a hefty £131 million price tag, this acquisition is the cybersecurity equivalent of a power couple – think Brangelina, but with more firewalls and fewer tabloids. Watch out, cybercriminals, there’s a new dynamic duo in town, and they’re ready to crash your ransomware party!
Key Points:
- Darktrace acquires Cado Security for £131 million.
- Collaboration between R&D teams in the UK and Europe.
- Integration of forensic technology with ActiveAI platform.
- Focus on enhancing security across multi-cloud environments.
- Strengthening of product offerings for AWS and Microsoft Azure.
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