Booz Allen Tech Spinout Acquired by Cisco
06 February 2025 - 9:54AM
Business Wire
Enables further scaling of dual-use technology for mission
outcomes
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)
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Media Relations: Jessica Klenk, klenk_jessica@bah.com Investor
Relations: Investor_Relations@bah.com
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