Rapid7 announced it has acquired Minerva Labs, a provider of anti-evasion and ransomware prevention technology. Under the terms of the agreement, Rapid7 will pay approximately $38M in cash and stock to acquire Minerva Labs, subject to certain adjustments. The acquisition of Minerva is not expected to have a material financial impact to Rapid7’s annualized recurring revenue growth, revenue, non-GAAP operating income, and non-GAAP net income per share for calendar year 2023, as guided on February 8.
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