Databricks strikes deal to buy Panther Labs in cybersecurity push

Cisco Systems

16/06/2026 16:30

    SAN FRANCISCO, June 16 (Reuters) - Databricks on Tuesday
said it agreed to buy the startup Panther Labs, as the U.S. data
analytics provider pushes deeper into the cybersecurity
business.
The acquisition, Databricks' third in this area, furthers its
aim to compete with security management incumbents like
Crowdstrike  CRWD.O  and Cisco's  CSCO.O  Splunk. Databricks
declined to comment on the deal terms.

 (Reporting by Jeffrey Dastin in San Francisco; Editing by Chizu
Nomiyama)
 ((Jeffrey.Dastin@thomsonreuters.com; +1 424 434 7548))