UAE cybersecurity firm CPX acquires AI innovator spiderSilk
CPX expands defensive AI capabilities with spiderSilk buyout
#UAE #cybersecurity - G42-owned cybersecurity solutions provider CPX Holding has acquired spiderSilk, a pioneering cyber-AI product company known for its proprietary AI-powered defensive technologies, for an undisclosed sum. The acquisition combines CPX's end-to-end expertise in threat detection and remediation with spiderSilk's product-led AI innovation, creating a cybersecurity powerhouse poised for expansion into North America, Saudi Arabia and the wider GCC. The deal marks a significant milestone for UAE's cybersecurity sector as two homegrown innovators join forces to deliver cutting-edge, AI-driven security solutions. The announcement was made on the sidelines of this week’s GISEC Global in Dubai.
SO WHAT? - This acquisition represents a watershed moment for the Middle East's cybersecurity ecosystem, establishing the UAE as a serious global player in advanced cyber defence technologies. By merging CPX's operational scale and comprehensive security capabilities with spiderSilk's innovative AI products and R&D prowess, the combined entity creates a formidable new competitor in the global cybersecurity market, backed by the significant resources and reach of Abu Dhabi’s AI-powerhouse G42 Group.
UAE cybersecurity solutions provider CPX Holding has announced the acquisition of spiderSilk, a pioneering cyber-AI product company. The announcement was made at GISEC Global in Dubai.
CPX Holding, established in 2022 and acquired by G42 Group last year, employs over 600 cyber and physical security specialists serving enterprises, governments, and critical infrastructure sectors across the UAE and beyond, providing comprehensive end-to-end security solutions and services.
Founded in 2019, spiderSilk has successfully built and commercialised cyber-AI products from the UAE for both regional and global audiences, including its flagship exposure management platform Resonance, autonomous SOC AI agents, and a cyber intelligence platform using an internet-wide knowledge graph.
The acquisition bolsters CPX's AI capabilities with spiderSilk's proprietary technologies, enabling more intelligent and agile security solutions that proactively address sophisticated cyber threats.
The move also adds to CPX's talent pool, enhancing its ability to expand and grow into international markets such as North America, Saudi Arabia, and the broader GCC region.
spiderSilk's R&D centre will continue operating and leading innovation efforts, creating new solutions that keep the combined entity at the forefront of cyber threat defence, with its products already being used by customers in both public and private sectors across the region.
Global Ventures, a leading MENA venture capital firm and investor in spiderSilk, and Dara Holdings will remain involved in supporting CPX's leadership in driving the company's continued growth, providing strategic guidance and financial backing for future expansion initiatives.
The acquisition further enhances G42's cybersecurity capabilities across the AI value chain, reinforcing the group's commitment to secure digital infrastructure and allowing it to embed cybersecurity at every layer of its operations.
The move also directly aligns with the UAE's vision to foster cutting-edge technological growth and reinforce its position as a strategic hub for pioneering cyber defence capabilities, further highlighting the nation's growing global leadership in advancing AI and cybersecurity innovation.
ZOOM OUT - The spideSilk acquisition news shines a light on the UAE's ascendancy as a global cybersecurity powerhouse. The country recently achieved the highest 'Pioneering Model' category in the International Telecommunication Union's Global Cybersecurity Index with a perfect 100% score across all 80 criteria. Under the leadership of the UAE Cybersecurity Council, the Emirates has established an integrated governance mechanism strengthening national capacity while promoting international cooperation. The latest National Cybersecurity Strategy was approved by the Cabinet in February, which aims to create a resilient digital environment protecting national assets.
[Written and edited with the assistance of AI]