"Consolidation in cybersecurity is trending, and I firmly believe it's the best way forward. This M&A will enable us to develop faster on our product roadmap, augment cybersecurity for more businesses, and create synergies with Logpoint's complementary technologies."
The acquisition positions Muninn's R&D labs to continue as part of Logpoint's Labs, with plans for an exciting new research project on GenAI and cybersecurity, funded by NCC, to launch in the fall.
As Muninn and Logpoint join forces, they aim to push the boundaries of AI-driven cybersecurity and strengthen protection against ever-evolving cyber threats.
Andreas emphasized that the acquisition will enhance Muninn's ability to scale and continue developing its AI-driven cybersecurity solutions, delivering stronger defense capabilities to even more businesses.
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