10 AI News and Ratings Making Waves Around Wall Street

5. Tenable Holdings, Inc. (NASDAQ:TENB)

Number of Hedge Fund Holders: 29

Tenable Holdings, Inc. (NASDAQ:TENB) offers comprehensive cybersecurity solutions for managing vulnerabilities, securing cloud environments, and ensuring operational technology security across various industries.

On January 29, Tenable Holdings announced an agreement to acquire Vulcan Cyber for approximately $147 million in cash and $3 million in restricted stock units, with the deal expected to close in the first quarter of 2025. The acquisition aims to add to Tenable’s Exposure Management platform by improving risk prioritization, expanding third-party data integration, and automating remediation efforts.

Tenable plans to integrate Vulcan Cyber’s technology to unify security data, providing organizations with better visibility and control over their attack surface. The platform will use AI for risk assessment and streamline workflows to help security teams address vulnerabilities more effectively.