Stek represents Cybersprint on the €47.5m acquisition by Darktrace

Cybersprint, a Netherlands-based specialist in attack surface management tools and services, has been acquired by Cambridge-headquartered Darktrace, a global leader in cyber security AI.

Through this acquisition, Darktrace gains a second European R&D Centre in the Netherlands joining forces with Darktrace’s own world-class mathematicians and software engineers. Cybersprint’s employees bring a deep understanding of how to continuously model real-time internet data as well as ethical hacking expertise.

Darktrace acquired Cybersprint for €47.5 million ($53.7 million) paid for approximately 75% in cash and 25% in equity. The transaction was completed on 1 March 2022.

Stek has assisted Cybersprint and its shareholders on this transaction.

Click here for the press release from Cybersprint. Click here to read more about the deal.

Lawyers

Practice Areas

Sectors

This might also interest you

Stek assists Stedin in transport capacity dispute

Stek successfully represented energy distribution system operator Stedin in summary proceedings before the Rotterdam District Court. Stedin was sued by …

Read more

Stek advises Foresco Group on the acquisition of Palletcentrale

Stek advised Foresco Group, leading provider of wooden pallets, packing services and pallet recycling, on the further expansion of its …

Read more

Stek advises In Ovo on its EUR 40 million EIB financing for innovative poultry technology

Stek advised In Ovo on its EUR 40 million EIB  financing to transform agriculture with innovative poultry technology. The agreement …

Read more