Mastercard Incorporated (NYSE:MA) shares are trading higher today. On Thursday, the company announced that it would acquire Recorded Future for $2.65 billion, enhancing cybersecurity services with real-time threat intelligence.
This acquisition enhances Mastercard's cybersecurity services, strengthening the insights and intelligence crucial for securing the digital economy, including the payments ecosystem.
J.P.Morgan analyst Tien-tsin Huang writes that they see the acquisition as a positive development and note the price paid is reasonable for a high-quality asset advanced in AI for threat intelligence.
The analyst ...
