Small-cap cybersecurity veteran Intrusion Inc. (NASDAQ: INTZ) opened the final week of June with a deal aimed at remaking itself as an AI-native security platform. On June 29 the company announced the acquisition of VigilAigent, a managed security service provider, from Tego Cyber Inc.
VigilAigent brings an agentic AI engine called The Oracle that processes roughly one billion security events per day for about 1,000 customers reached through more than 80 reseller partners, and the deal adds approximately $3.5 million in annual recurring revenue from multi-year customer contracts. Intrusion plans to integrate The Oracle with its TraceCop threat-intelligence database, which covers some 8.5 billion IP addresses, to accelerate threat detection and open cross-selling opportunities across both customer bases. CEO Tony Scott said the acquisition accelerates the company's strategy by meaningfully scaling its commercial operations, and VigilAigent executives Bobby Mikkelsen and Mark Porter are joining Intrusion's senior management team.
The purchase price was not disclosed, and integrating an acquired platform while converting cross-sell opportunities into actual revenue is far from assured. This is market commentary, not investment advice — small-cap technology stocks are highly speculative and you can lose your entire investment.