Summary: Darktrace has proposed the acquisition of UK-based Cado Security, a firm specializing in incident investigation and response, for an estimated $50 million to $100 million. The deal aims to enhance Darktrace’s cybersecurity offerings by integrating Cado’s technology with its ActiveAI platform.
Threat Actor: Darktrace | Darktrace
Victim: Cado Security | Cado Security
Key Point :
- Darktrace plans to complete the acquisition by February, pending regulatory approvals.
- Cado Security has developed a cyber investigation solution for various environments, enhancing threat detection capabilities.
- The acquisition follows Cado’s successful fundraising, totaling over $31 million since 2020.
- Darktrace was taken private in 2024 after being acquired by Thoma Bravo for $5.32 billion.
Source: https://www.securityweek.com/darktrace-to-acquire-incident-investigation-firm-cado-security/