Comcast Acquires Advanced AI Cybersecurity Protection Provider, BluVector
Telecom giant Comcast recently acquired advanced artificial intelligence and machine learning based cybersecurity provider, BluVector. The financial terms of the acquisition are not disclosed.
Founded in 2017, Arlington, Virginia based BluVector uses its proprietary machine-learning engine to detect, analyze, and contain a wide range of sophisticated cyber-threats including “fileless malware,” zero-day malware and ransomware. Recently, BluVector was issued with a new patent for “System and method for in-situ classifier retraining for malware identification and model heterogeneity” (U.S. Patent 10,121,108).
The announcement noted that both companies will work towards growing BluVector’s existing business and will also develop new cybersecurity technologies.
Executive Opinion
General Manager, Growth at Comcast, Don Mathis, said. "BluVector is a global leader in leveraging AI and machine learning to defend against advanced cyber threats. We’re thrilled that BluVector is part of Comcast and are excited to support its continued growth, even as we explore new opportunities to leverage BluVector technology and expertise."We’re excited to announce that @BluVector is now a part of @comcast Read the release: https://t.co/lwV3NnJCUs pic.twitter.com/WvFxD1Qy4l— BluVector, A Comcast Company (@BluVector) March 4, 2019
BluVector also said it has named Eric Malawer, a veteran leader with more than two decades of experience in data analytics, artificial intelligence, national intelligence, and digital security, as CEO of BluVector.
Comcast additionally noted that Chief Information Security Officer Noopur Davis will head up identifying opportunities to use the companies’ combined technology and expertise to develop new products and initiatives.
Juniper's AI acquisition
In another such development, Juniper Networks announced its plan to acquire Mist Systems for USD $405 million. The acquisition brings cloud-managed wireless networks powered by Artificial Intelligence (AI) technology to IT and solidifies Juniper's vision of Software-Defined Enterprise.BluVector recently won a multimillion-dollar contract with U.S. government agency.
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Mandar Pise
Opinions expressed by techsutram contributors are their own. More details
Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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