Startups

Comcast acquires Arlington-based BluVector

The telecom giant acquired the AI-powered cybersecurity startup in an effort to grow BluVector’s existing business, and collaborate on the development of new cybersecurity tech.

Telecom giant Comcast has acquired Arlington,Va.-based BluVector, a company that uses advanced artificial intelligence and machine learning to provide cybersecurity protection to companies and government agencies, a press release states.

The terms of the deal were not disclosed, but the telecom giant said it acquired the AI-powered cybersecurity startup in an effort to grow BluVector’s existing business and also collaborate on the development of new cybersecurity tech.

“BluVector is a global leader in leveraging AI and machine learning to defend against advanced cyber threats,” Don Mathis, general manager of growth at Comcast said said in a statement. “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.”

With this acquisition comes some leadership shifts at BluVector. Comcast has appointed Eric Malawer as CEO of the company. Malawer joins the BluVector team with more than two decades of experience in data analytics, artificial intelligence, national intelligence and digital security. Noopur Davis, Comcast’s chief information security officer for more than two years, will work as a liaison between Comcast and BluVector as the companies collaborate on new products and initiatives. BluVector’s founding CEO Kris Lovejoy, who left the company last month to assume a role at Ernst & Young, will continue to serve as an advisor and consultant to BluVector and Comcast.

Companies: Comcast

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