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Darktrace reveals proposed acquisition of Cado Security

published on 2025-01-09 09:14:14 UTC by James Humphreys
Content:

Darktrace has announced the proposed acquisition of Cado Security, a UK-based investigation and response solution provider for hybrid and multi-cloud world.

According to Darktrace, the acquisition is subject to receipt of regulatory approval and is expected to complete in February.

An ambitious strategy at Darktrace

“At Darktrace, we have a clear and ambitious strategy: to develop best-in-class cybersecurity solutions for our customers that keep them safe through continuous innovation,” said Jill Popelka, Chief Executive Officer, Darktrace.

“The addition of Cado’s deep expertise in cloud-based data collection and forensics will enhance our ability to protect customers, ensuring they can operate securely and confidently across all areas of their business.

“Together, Darktrace and Cado will help customers quickly and effectively prevent and deter cyber threats, maintaining resilience in a fast-evolving threat landscape.”

As one of the leaders in cloud data capture and forensics, Cado examines the intricacies of nearly any system, capturing a snapshot of data stored on the device and then conducting forensic investigations to uncover signs of compromise or threats.

Darktrace reports it intends to accelerate the growth of Cado’s existing products through investment while also combining Cado’s forensic investigation technology with Darktrace’s existing ActiveAI Security Platform, enhancing data collection across multiple cloud environments to better defend customers’ operations.

This richer data set can also enable significant augmentation to Darktrace’s Cyber AI Analyst which investigates alerts, streamlines investigations and prioritises incidents, reducing workload and alert fatigue for customers’ cyber teams, the company says.

The proposed acquisition represents Darktrace’s continued investment in its cloud capabilities, following the successful launch of Darktrace / CLOUD for AWS in October 2023 and its expansion to Microsoft Azure in October 2024. 

An opportunity for growth

“Darktrace is an excellent fit for Cado, providing an opportunity for growth and innovation while allowing our team to advance their careers within a dynamic company deeply committed to R&D and to protecting its customers from growing cyber threats.

“Our technologies build on each other’s strengths, and we are incredibly excited to work with the Darktrace team to continue to elevate AI-driven cybersecurity capabilities for our combined global customer base.”

More Security News

Article: Darktrace reveals proposed acquisition of Cado Security - published 1 day ago.

https://securityjournaluk.com/darktrace-proposed-acquisition-cado-security/   
Published: 2025 01 09 09:14:14
Received: 2025 01 10 09:06:23
Feed: Security Journal UK
Source: Security Journal UK
Category: Security
Topic: Security
Views: 2

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