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Booz Allen Tech Spinout Acquired by Cisco

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Cisco has completed its acquisition of SnapAttack, a cyber threat hunting and detection company that was spun out of Booz Allen Hamilton (NYSE: BAH) in 2021. SnapAttack was initially incubated and launched by Booz Allen DarkLabs in 2020, with Booz Allen maintaining an investment position after the spinout.

The company was created to help clients address cybersecurity gaps and stay ahead of threats. SnapAttack's standalone product facilitates community collaboration around threat intelligence, attack emulation, and detection analytics, enabling organizations to identify potential vulnerabilities and risks.

The spinout included a dedicated technical team and demonstrates Booz Allen's strategy of leveraging dual-use technology for broader market impact, particularly in enhancing cyber capabilities across national security missions.

Cisco ha completato l'acquisizione di SnapAttack, un'azienda di hunting e rilevamento delle minacce informatiche che è stata creata nel 2021 come spin-off da Booz Allen Hamilton (NYSE: BAH). SnapAttack è stata inizialmente incubata e lanciata da Booz Allen DarkLabs nel 2020, con Booz Allen che ha mantenuto una posizione di investimento dopo lo spin-off.

L'azienda è stata creata per aiutare i clienti a colmare le lacune nella sicurezza informatica e a rimanere un passo avanti rispetto alle minacce. Il prodotto autonomo di SnapAttack facilita la collaborazione comunitaria attorno all'intelligenza sulle minacce, all'emulazione degli attacchi e all'analisi dei rilevamenti, consentendo alle organizzazioni di identificare potenziali vulnerabilità e rischi.

Lo spin-off includeva un team tecnico dedicato e dimostra la strategia di Booz Allen di sfruttare la tecnologia a duplice uso per un impatto di mercato più ampio, in particolare nel migliorare le capacità informatiche nelle missioni di sicurezza nazionale.

Cisco ha completado su adquisición de SnapAttack, una empresa de caza y detección de amenazas cibernéticas que se independizó de Booz Allen Hamilton (NYSE: BAH) en 2021. SnapAttack fue incubada y lanzada inicialmente por Booz Allen DarkLabs en 2020, manteniendo Booz Allen una posición de inversión tras la escisión.

La compañía fue creada para ayudar a los clientes a abordar las brechas de ciberseguridad y mantenerse por delante de las amenazas. El producto independiente de SnapAttack facilita la colaboración comunitaria en torno a la inteligencia de amenazas, la emulación de ataques y el análisis de detección, permitiendo a las organizaciones identificar vulnerabilidades y riesgos potenciales.

La escisión incluyó un equipo técnico dedicado y demuestra la estrategia de Booz Allen de aprovechar la tecnología de doble uso para un mayor impacto en el mercado, especialmente en la mejora de las capacidades cibernéticas en las misiones de seguridad nacional.

시스코는 2021년에 부즈 앨런 해밀턴 (NYSE: BAH) 에서 분사된 사이버 위협 헌팅 및 탐지 회사인 스냅어택의 인수를 완료했습니다. 스냅어택은 2020년에 부즈 앨런 다크랩스에 의해 초기 인큐베이팅 및 출시되었으며, 부즈 앨런은 분사 후에도 투자 지분을 유지했습니다.

이 회사는 고객이 사이버 보안 격차를 해결하고 위협에 선제적으로 대응할 수 있도록 돕기 위해 설립되었습니다. 스냅어택의 독립형 제품은 위협 인텔리전스, 공격 에뮬레이션 및 탐지 분석에 대한 커뮤니티 협업을 촉진하여 조직이 잠재적 취약점과 위험을 식별할 수 있도록 합니다.

이 분사에는 전담 기술 팀이 포함되어 있으며, 부즈 앨런의 이중 사용 기술을 활용하여 시장에서 더 넓은 영향을 미치는 전략을 보여주며, 특히 국가 안보 임무에서 사이버 기능을 강화하는 데 중점을 두고 있습니다.

Cisco a finalisé son acquisition de SnapAttack, une entreprise de chasse aux menaces cybernétiques et de détection qui a été créée en 2021 à partir de Booz Allen Hamilton (NYSE : BAH). SnapAttack a été initialement incubé et lancé par Booz Allen DarkLabs en 2020, Booz Allen conservant une position d'investissement après le spin-off.

L'entreprise a été créée pour aider les clients à combler les lacunes en matière de cybersécurité et à anticiper les menaces. Le produit autonome de SnapAttack facilite la collaboration communautaire autour de l'intelligence sur les menaces, de l'émulation d'attaque et de l'analyse de détection, permettant aux organisations d'identifier des vulnérabilités et des risques potentiels.

Le spin-off incluait une équipe technique dédiée et démontre la stratégie de Booz Allen de tirer parti de la technologie à double usage pour un impact plus large sur le marché, en particulier pour renforcer les capacités cybernétiques dans les missions de sécurité nationale.

Cisco hat die Übernahme von SnapAttack, einem Unternehmen für die Jagd auf und die Erkennung von Cyber-Bedrohungen, das 2021 aus Booz Allen Hamilton (NYSE: BAH) ausgegründet wurde, abgeschlossen. SnapAttack wurde 2020 zunächst von Booz Allen DarkLabs gegründet und gestartet, wobei Booz Allen eine Investitionsposition nach der Ausgliederung beibehielt.

Das Unternehmen wurde gegründet, um Kunden dabei zu helfen, Lücken in der Cybersicherheit zu schließen und Bedrohungen zuvorzukommen. Das eigenständige Produkt von SnapAttack erleichtert die Zusammenarbeit in der Gemeinschaft rund um Bedrohungsintelligenz, Angriffs-Emulation und Erkennungsanalyse und ermöglicht es Organisationen, potenzielle Schwachstellen und Risiken zu identifizieren.

Die Ausgliederung umfasste ein engagiertes technisches Team und zeigt die Strategie von Booz Allen, Dual-Use-Technologie für größere Marktwirkungen zu nutzen, insbesondere zur Verbesserung der Cyberfähigkeiten in nationalen Sicherheitsmissionen.

Positive
  • Strategic exit from SnapAttack investment through acquisition by major tech company Cisco
  • Successful commercialization and scaling of government-focused cybersecurity technology
  • Validates Booz Allen's strategy of incubating and spinning out dual-use technologies
Negative
  • None.

Insights

Cisco's acquisition of SnapAttack marks a significant strategic win for Booz Allen Hamilton, validating their venture incubation model and dual-use technology strategy. The transaction demonstrates BAH's ability to successfully commercialize internal innovations while maintaining strategic alignment with their core government business.

Three key implications stand out from this deal:

  • The successful exit validates BAH's venture strategy and positions them as an attractive partner for future technology development initiatives, potentially leading to increased collaboration opportunities with commercial tech giants
  • The continued relationship with SnapAttack under Cisco's ownership could enhance BAH's competitive position in government cybersecurity contracts, leveraging the scaled commercial product capabilities
  • This model of incubating and spinning out dual-use technologies could become a repeatable value creation strategy for BAH, potentially leading to similar ventures in other emerging technology areas

The deal structure, maintaining BAH as an investor post-spinout until acquisition, proved particularly shrewd. It allowed BAH to benefit from both the initial commercialization and the final exit while ensuring continued access to the technology for government applications. This approach to monetizing internal R&D while preserving strategic benefits could become a blueprint for future defense contractor innovation strategies.

While financial terms weren't disclosed, the transaction likely represents a positive return on BAH's investment in DarkLabs and SnapAttack's development. More importantly, it demonstrates BAH's ability to execute complex technology commercialization strategies that benefit both their commercial ventures and core government business.

Enables further scaling of dual-use technology for mission outcomes

MCLEAN, Va.--(BUSINESS WIRE)-- Booz Allen Hamilton (NYSE: BAH) today announced that Cisco has completed its acquisition of SnapAttack, the cyber threat hunting and detection company spun out of Booz Allen in 2021. Booz Allen remained an investor in SnapAttack following the spinout.

Created with a vision to help clients stay ahead of new threats and fix key gaps in cybersecurity, SnapAttack was incubated and launched publicly by Booz Allen DarkLabs—an elite team of cyber operators and defenders inside Booz Allen’s industry-leading cyber business—in 2020. Building on Booz Allen’s innovative IP, advanced technology capabilities, and commercial partnerships, the launch helped position SnapAttack for accelerated growth and scale.

Booz Allen’s investment in and development of SnapAttack helped power the delivery of faster and more sophisticated cyber capabilities to clients across national security missions. The spinout included a dedicated technical team as well as a stand-alone product that enabled community collaboration around threat intelligence, attack emulation, and detection analytics to help organizations identify potential vulnerabilities and risks.

“We spun out SnapAttack because we believe in the power of dual-use technology to speed outcomes,” said Booz Allen Chief Financial Officer Matt Calderone. “When great products scale in the commercial market, their benefit expands across our government missions as well. This is an excellent outcome for all involved and we look forward to continuing to work with the SnapAttack team.”

BAHPR-CO

About Booz Allen Hamilton

Booz Allen is an advanced technology company delivering outcomes with speed for America’s most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World ®.

With global headquarters in McLean, Virginia, our firm employs approximately 35,900 people globally as of December 31, 2024, and had revenue of $10.7 billion for the 12 months ended March 31, 2024. To learn more, visit www.boozallen.com. (NYSE: BAH)

Media Relations: Jessica Klenk, klenk_jessica@bah.com

Investor Relations: Investor_Relations@bah.com

Source: Booz Allen Hamilton Holding Corporation

FAQ

What is the significance of Cisco's acquisition of SnapAttack for BAH shareholders?

The acquisition validates Booz Allen's strategy of incubating and spinning out dual-use technologies, demonstrating successful commercialization of their cybersecurity innovations while maintaining investment returns through the exit.

When did Booz Allen Hamilton (BAH) spin out SnapAttack?

Booz Allen Hamilton spun out SnapAttack in 2021, after initially incubating and launching it through Booz Allen DarkLabs in 2020.

What was SnapAttack's primary business focus after spinning out from BAH?

SnapAttack focused on cyber threat hunting and detection, offering a standalone product for community collaboration around threat intelligence, attack emulation, and detection analytics.

How does the SnapAttack acquisition align with BAH's business strategy?

The acquisition aligns with BAH's strategy of developing dual-use technology that can scale in commercial markets while benefiting government missions, demonstrating successful technology commercialization.

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