Financial services giant Mastercard (NYSE: MA) on Thursday announced plans to shell out $2.6 billion to acquire Recorded Future in a deal that adds threat intelligence and cybersecurity technologies to its corporate portfolio.
Mastercard positioned the transaction as an expansion of its cybersecurity services and said it would bolster the insights and intelligence used to secure its financial services ecosystem.
Recorded Future, based in Massachusetts, was previously acquired by private equity firm Insight Partners for $780 million in 2019. It is considered the world’s largest threat intelligence company, with customers in 75 countries, including the governments of 45 nations. Continue here.
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