Cisco to Acquire AI Security Firm Robust Intelligence

August 27, 2024 at 07:54AM Cisco has announced its plan to acquire Robust Intelligence, a California-based company specializing in securing AI applications. The financial details have not been disclosed, but Cisco has reportedly invested in the company. Robust Intelligence has developed an AI application security platform used by major organizations such as JPMorgan Chase, IBM, … Read more

SecurityWeek Analysis: Cybersecurity M&A Dropping, Over 400 Deals Announced in 2023

January 29, 2024 at 07:51AM In 2023, SecurityWeek recorded 413 cybersecurity-related mergers and acquisitions, an 8% drop from 2022. North American companies dominated, but deals in Asia and Oceania rose. Financial details were available for 58 deals, totaling $50.4 billion. Notable transactions included Thales acquiring Imperva for $3.6 billion and Cisco’s $28 billion acquisition of … Read more