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Mastercard’s $2.65 Billion Power Move: Scoops Up Cybersecurity Firm Recorded Future
Mastercard is splashing out $2.65 billion to acquire cybersecurity firm Recorded Future, giving Insight Partners a hefty profit on their 2019 investment. This move aims to boost Mastercard’s real-time threat detection capabilities.
Hot Take:
Mastercard’s $2.65 billion shopping spree for Recorded Future is the cybersecurity equivalent of buying a guard dog made of gold. But hey, can you really put a price on peace of mind? (Apparently, yes. And it’s a cool couple of billion.)
Key Points:
- Mastercard is acquiring cybersecurity firm Recorded Future for $2.65 billion.
- Recorded Future was previously acquired by Insight Partners in 2019 for $780 million.
- Recorded Future specializes in analyzing data to provide real-time threat visibility.
- This acquisition will complement Mastercard’s existing cybersecurity services.
- Insight Partners sees a significant return on investment from this deal.
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