Comcast Acquires BluVector, Developer of AI-Powered Cybersecurity Technology
PHILADELPHIA--(BUSINESS WIRE)--Mar 4, 2019--Comcast today announced it has acquired BluVector, a company that uses advanced artificial intelligence and machine learning to provide cybersecurity protection to companies and government agencies. With a proprietary machine-learning engine, BluVector detects, analyzes, and contains a wide range of sophisticated 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.
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“BluVector is a global leader in leveraging AI and machine learning to defend against advanced cyber threats,” Don Mathis, GM, Growth at Comcast said. “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, a veteran leader 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 it continues to grow its business 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.
BluVector has won a wide array of cybersecurity industry awards and recognition for its innovation and unique technological approach. It is a trusted partner to both Fortune 500 companies and large government agencies working to tackle some of the nation’s most critical challenges.
Financial terms of the acquisition were not disclosed.
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest video, high-speed internet, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe’s leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.
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CONTACT: David McGuire, Comcast
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO TECHNOLOGY INTERNET NETWORKS SOFTWARE TELECOMMUNICATIONS SECURITY
SOURCE: Comcast Corporation
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PUB: 03/04/2019 11:00 AM/DISC: 03/04/2019 11:01 AM