A PYMNTS Company

UK Cybersecurity Firm Darktrace Buys Cybersprint

 |  February 23, 2022

Darktrace, a British cybersecurity company, has bought the Dutch firm Cybersprint in a deal valuing the latter company at €47.5 million ($53.7 million), UKTN reported Wednesday (Feb. 23).

Darktrace said it plans to integrate Cybersprint’s attack surface management tools with its own detection and response products.

The report said Cybersprint’s ethical hacking and real-time internet data insight will be used to expand Darktrace’s existing detect and respond products, saying it will accelerate its entry into the proactive artificial intelligence (AI) cybersecurity market.

Darktrace will also get a second European R&D center out of the deal. That will be used to support its U.K. software engineers.

Pieter Jansen, CEO of Cybersprint, said, “We believe attackers never sleep and operate without scope. When we began conversations with Darktrace, we felt an instant connection on vision, culture and technology.”

Meanwhile, Darktrace CEO Poppy Gustafsson said it was crucial to bring “inside-out and outside-in visibility” together and that having access to more external, real-time data along with Darktrace’s own AI capabilities “means that customers get a holistic view of prioritized cyber risks to harden the parts of their organization that are most vulnerable.”

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.