CAMBRIDGE, England, Feb. 23, 2022 /PRNewswire/ — Darktrace, a global leader in cyber security AI, today announced that it has entered into a definitive agreement to acquire the entire issued share capital of Cybersprint B.V. (“Cybersprint”), an attack surface management company that provides continuous, real-time insights from an outside-in perspective to eliminate blind spots and detect risks. The acquisition of Cybersprint is aligned with Darktrace’s vision of delivering a ‘Continuous Cyber AI Loop’ and complements its Self-Learning technology and inside-out view.
Darktrace is acquiring Cybersprint for €47.5 million ($53.7 million) to be paid approximately 75% in cash and 25% in equity, valuing the transaction at approximately 12.5 times Cybersprint’s annual recurring revenue (ARR). With an expected completion date of on or around 1 March 2022, Cybersprint’s results of operations are not expected to be material to Darktrace’s results for the remainder of FY 2022.
Cybersprint’s attack surface management data can enrich existing Darktrace Detect and Respond products with…
