Mastercard has acquired the Swedish-founded cybersecurity company Recorded Future for 2.65 billion dollars. The deal enhances Mastercard's ability to prevent cyber threats and protect the digital economy globally, writes Mastercard in a press release.

Recorded Future was founded 15 years ago and has developed a platform that analyses threats in real-time using AI and advanced technology. According to Dagens Industri, the company has over 1000 employees and headquarters in Boston, but several hundred are based in Gothenburg.

In 2019, the company was acquired by the private equity firm Insight Partners for 780 million dollars. Recorded Future currently has over 1,900 customers in 75 countries, including intelligence services and large corporations.

Christopher Ahlberg, CEO and co-founder of Recorded Future, states that the company has been built to become the "by far the largest independent intelligence operation in the world" and that it will continue to focus on delivering its services that enhance cybersecurity globally.

Mastercard writes that they are strengthening their services to anticipate and counteract cyber threats, and providing Recorded Future with the opportunity to grow further in cybersecurity. The transaction is expected to be completed in the first quarter of 2025.