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The threat intelligence company went for $780 million in a cash deal.
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In a transaction described by the companies as the largest-ever threat intelligence acquisition, Recorded Future has announced that Insight Partners will acquire a controlling interest in the threat intelligence firm. The new interest will be in addition to the minority stake in Recorded Future already owned by Insight Partners.
While all details of the deal have not been announced, the all-cash deal values Recorded Future at more than $780 million.
As part of the agreement, Insight Partners' Mike Triplett and Thomas Krane will join Recorded Future's board of directors.
For more, read here.
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