Managed security services provider LevelBlue is taking over XDR specialist Cybereason. The acquisition is part of a buying spree – it’s already the third purchase this year.
The deal was announced on Tuesday, though the parties involved did not disclose financial details. With the acquisition, LevelBlue aims to expand its portfolio with Cybereason’s XDR platform and its capabilities in digital forensics and incident response. As part of the takeover, Cybereason’s previous investors – SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital – will become investors in LevelBlue.
“The acquisition of Cybereason is a strategic leap forward in our pursuit to become the most comprehensive cybersecurity partner for our customers and strategic partners,” said Bob McCullen, CEO and Chairman of LevelBlue. “By combining Cybereason’s world-class XDR and DFIR capabilities with our AI-powered MDR and incident response solutions, we can provide unified protection that is proactive, scalable, and specifically tailored to today’s rapidly evolving threats.”
Third Consecutive Acquisition
LevelBlue itself is still relatively new: the MSSP emerged in 2024 from AT&T Cybersecurity after AT&T and investment firm WillJam Ventures entered into a partnership. Since then, the company has been on an acquisition spree. Following Trustwave and Aon’s cybersecurity divisions (Stroz Friedberg and Elysium Digital), Cybereason is already the third acquisition this year.