The acquisition of spiderSilk, a trailblazing cyber-AI product company known for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance, has been announced by CPX Holding, a leading supplier of state-of-the-art cyber and physical security solutions and services.
Through the acquisition, spiderSilk’s product-led innovation and AI-driven technologies are combined with CPX’s dependable end-to-end expertise in threat detection, analysis, and remediation. When combined, they seek to provide businesses with more sophisticated, integrated, and flexible defenses against the most sophisticated cyberthreats of our time.
This partnership establishes the UAE as a rapidly developing center for top-tier cybersecurity innovation and opens the door for growth into important foreign markets, such as North America, Saudi Arabia, and the GCC.
“This acquisition marks a new era of growth and innovation,” said Hadi Anwar, CEO of CPX. “By uniting two of the best cybersecurity innovators from the UAE, we’re building a powerhouse in cyberthreat detection and response – locally rooted, globally competitive. This acquisition underscores our commitment to rapid growth and global expansion, further strengthening our cybersecurity leadership. Together with spiderSilk, we are poised to deliver cutting-edge, AI-powered solutions that proactively address the most sophisticated cyberthreats, helping organisations around the world stay one step ahead in an increasingly digital world.”
SpiderSilk was founded in 2019 and has since developed and successfully marketed cybersecurity products from the United Arab Emirates to both local and international consumers. New product offerings include the first-of-its-kind cyberintelligence platform that uses a truly Internet-wide knowledge graph and autonomous SOC AI agents. Throughout the region, clients in the public and private sectors use the company’s products. Its strong research and development facility will keep driving innovation, generating fresh approaches and maintaining the business’s leadership in cyberthreat defense.
“This strategic relationship marks a watershed moment for the cybersecurity ecosystem, redefining how state-of-the-art capabilities are developed in the region with a global audience in mind,” said Rami El Malak, CEO and Co-Founder of spiderSilk. “As the first cyber-AI start-up in the region, we have been dedicated to pushing the boundaries of innovation in cybersecurity for the last six years. This acquisition is a game-changer, enabling us to amplify our impact, scale across multiple international markets, and collectively reach new heights in protecting businesses globally.”
Dara Holdings and Global Ventures, the top VC firm in MENA, will continue to accompany CPX on its journey, helping its leadership propel the business’s ongoing expansion.
The UAE’s vision to support cutting-edge technological growth and solidify its position as a strategic hub for innovative cyber-defence capabilities is perfectly aligned with this acquisition, which further demonstrates the country’s global leadership in advancing AI and cybersecurity innovation.
