Venture-capital owned Armis, a firm that touts its ability to prepare companies for attacks before they materialize, acquired cybersecurity startup CTCI in a transaction approaching $20 million. Armis will merge CTCI employees and technology over the next 30 days.
Data security vendor Cohesity will acquire the data protection business of Veritas in a stock and debt transaction resulting in a combined firm by the end of this year, the companies announced Thursday. The deal values the combined company at approximately $7 billion.
Entrust, a pioneer payment, identity and data security software and services provider, is in talks to acquire Onfido, a pioneer in cloud-based, AI-powered identity verification technology, for a reported $400 million. The combined solution will help customers fight identity fraud.
Hewlett Packard Enterprise announced a $14 billion acquisition deal with networking equipment maker Juniper Networks and is touting the deal as a way to position the Silicon Valley stalwart for the burgeoning artificial intelligence market. The transaction values Juniper at $40 per share.
Protect AI bought one of the world's largest certified naming authorities to create a bug bounty platform focused exclusively on AI and ML open-source software. The acquisition will allow customers to discover exploits in the AI or ML supply chain weeks before they're publicly revealed.
Cisco plans to make its third tuck-in cybersecurity acquisition of 2023 to protect email, cloud office applications and enterprise communications through natural language understanding. Cisco will take advantage of Armorblox's predictive and generative AI to help customers bolster their security.