Comcast Acquires AI-Powered Cyber Security Tech Company BluVector
Comcast said it has acquired Arlington, Virginia-based BlueVector for an undisclosed sum.
The technology company, which was spun off from defense contractor Northrop Grumman two years ago, uses artificial intelligence and machine learning to provide cybersecurity services to companies and government agencies.
BluVector has been owned since 2017 by Philadelphia-based private equity firm LLR Partners.
Comcast said that Eric Malawar, a veteran cybersecurity engineer who once worked for the House Committee on Homeland Security, is now the CEO of BluVector. Malawer’s LinkedIn profile says he joined Comcast in 2017 as head of AI and data strategy.
BluVector’s founding CEO, former IBM executive Kris Lovejoy, will serve as an adviser and consultant to Comcast and its new venture.
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.
Using proprietary technology, BluVector works to detect, analyze and contain a wide range of sophisticated cyber threats, including fileless malware, zero-day malware and ransomware
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BluVector doesn't announce the names of its clients, but it said in November that it had one a "multi-million-dollar contract" with a "government agency."
“BluVector is a global leader in leveraging AI and machine learning to defend against advanced cyber threats,” Don Mathis, GM, Growth at Comcast said, in statement. “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.
Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!