Mastercard Acquires Recorded Future for $2.65 Billion

Mastercard has announced its acquisition of threat intelligence company Recorded Future for $2.65 billion to enhance its cybersecurity capabilities. The deal is expected to close by the first quarter of 2025.

Sources (8)

9/13/2024

[0]www.siliconrepublic.com

Mastercard to acquire threat intelligence firm for $2.65bn

9/12/2024

[1]The Boston Globe

Somerville security firm bought by credit card giant MasterCard for $2.65 billion - The Boston Globe

[2]Investopedia

Mastercard Buys AI Cybersecurity Firm Recorded Future For $2.65B

[3]AP News

Mastercard buying global threat intelligence company Recorded Future for $2.65 billion

[4]ABC News

Mastercard buying global threat intelligence company Recorded Future for $2.65 billion

[5]Bloomberg.com

Mastercard Agrees to Buy Cyber-Defense Firm for $2.65 Billion

[6]Reuters

Mastercard to buy threat intelligence company Recorded Future for $2.65 bln

[7]Benzinga

Mastercard Expands Cyber Defense With $2.65B Deal For Recorded Future - What's On The Cards? - Mastercard (NYSE:MA)

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Highlights

Mastercard has agreed to buy Recorded Future for $2.65 billion.
The acquisition is expected to close by the first quarter of 2025.
Recorded Future serves over 1,900 clients across 75 countries, including 45 governments.
Recorded Future uses artificial intelligence to analyze data for identifying cybersecurity threats.
Mastercard aims to enhance its cybersecurity services through this acquisition.

Perspectives

The CEO of Recorded Future emphasized that global instability has led to an increased demand for cybersecurity services, suggesting that the acquisition aligns with market needs. [2][7]
Mastercard's acquisition is seen as a strategic move to bolster its cybersecurity infrastructure, reflecting the company's commitment to protecting its clients in an increasingly digital economy. [3][4]