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Mastercard’s $2.65B Recorded Future Deal: A Home Run in Cybersecurity Investments
Cybersecurity investors, breathe a sigh of relief! After a year of valuation haircuts, Mastercard’s $2.65 billion acquisition of Recorded Future from Insight Partners proves home-run deals are still possible.
Hot Take:
Looks like Mastercard is trying to beef up its security and make sure no cybercriminals can “charge” them with any surprises! Talk about a “priceless” move!
Key Points:
- Mastercard is acquiring cybersecurity firm Recorded Future for $2.65 billion.
- Insight Partners previously bought Recorded Future for $780 million in 2019.
- The deal represents a 3.3 times return on investment for Insight Partners.
- This acquisition suggests that lucrative deals in cybersecurity are still possible despite recent market volatility.
- Mastercard aims to strengthen its threat intelligence capabilities.
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