23rd Feb 2022 09:02
Darktrace PLC - Cambridge, England-based artificial intelligence-based cybersecurity - Acquires Cybersprint BV, an 'attack surface management' company with a research & development centre in The Hague, Netherlands. Darktrace will pay EUR47.5 million, which will be 75% in cash and 25% in Darktrace shares. It said the price is 12.5 times Cybersprint's annual recurring revenue. The deal is expected to close around March 1, and Darktrace said Cybersprint's results won't be material to its own results for the remainder of its financial year, which ends on June 30. Read More
