Datavault AI has announced a proposed acquisition of cybersecurity company CyberCatch for $94.5 million in an all-cash transaction. The deal is presented as a way to expand Datavault AI’s offerings by incorporating CyberCatch’s technology into its Data Vault Artificial Intelligence Platform (AIP).
According to a press release cited by PYMNTS, the acquisition is aimed at enhancing cyber risk mitigation capabilities, including “quantum-resistant” protections and AI-enabled continuous compliance. PYMNTS also describes CyberCatch’s platform as being designed to help organizations defend against “AI attacks,” and says it will be integrated into Datavault AI’s broader Quantum Private… product direction. Seeking Alpha similarly reports the transaction terms and overall plan to buy CyberCatch for $94.5 million all cash. Other than deal value and the general technology rationale, the available excerpts emphasize different aspects—Seeking Alpha focuses on the acquisition and price, while PYMNTS adds more detail on the security and compliance use cases.
