Belgian cyber unicorn Aikido acquires Israeli AI security startup Root for $70-$100M; will open Israeli development center, expand local workforce as part of AI-driven open-source security push.

Cyber unicorn Aikido acquires Israeli startup Root for $70-$100 million

The Belgian company expands its AI security push and will open a new development center in Israel following the deal.Belgian cybersecurity unicorn Aikido Security is acquiring Israeli cybersecurity company Root, which developed an AI platform for securing open-source components. Following the acquisition, Aikido will open a development center in Israel that will absorb all of Root’s employees and is expected to further expand its local workforce. The value of the acquisition was not disclosed, b...