Comcast NASDAQ:CMCSA) has acquired BluVector, a company that uses artificial intelligence (AI) and machine learning to provide cybersecurity protection to companies and government agencies. With a proprietary machine-learning engine, BluVector's technology is designed to detect, analyze, and contain a range of cyber-threats including "fileless malware," zero-day malware and ransomware. The two companies will work together to grow BluVector's existing business and also collaborate on the development of new cybersecurity technologies.
"BluVector is a global leader in leveraging AI and machine learning to defend against advanced cyber threats," said Don Mathis, GM, Growth, at Comcast. "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."
BluVector also announced that Eric Malawer, with more than two decades of experience in data analytics, artificial intelligence, national intelligence and digital security, has been named CEO of BluVector and will lead the company as part of Comcast. Malawer previously served as cybersecurity staff director for the House Committee on Homeland Security, and prior to his role at BluVector, he launched three AI and security companies. BluVector founding CEO Kris Lovejoy, who recently left to assume another role, will continue to serve as an advisor and consultant to BluVector and Comcast.
Comcast Chief Information Security Officer Noopur Davis will lead the process of identifying opportunities to leverage the companies' combined technology and expertise to support new products and initiatives.
Financial terms of the acquisition were not disclosed.