Northrop to buy Canberra's M5 Network Security

Powered by SC Magazine
 

Subject to government approvals.

Northrop Grumman has made a play for Canberra firm M5 Network Security for an undisclosed sum.

The US-based security giant said today that the acquisition would close "later this year ... subject to Australian government review".

It looked at M5 as a way to enhance the cybersecurity and secure mobile communications advisory it could give to Northrop's Australian customer base.

Likewise, M5 said it saw benefits in being part of a larger global firm.

Northrop last year inked $10 million worth of IT deals with the Australian Government.

Copyright © iTnews.com.au . All rights reserved.


Northrop to buy Canberra's M5 Network Security
 
 
 
Top Stories
Slow progress in Turnbullistan
[Blog post] How has the NBN moved ahead since regime change?
 
Hacks and frauds can't dampen Bitcoin buzz
[Blog post] Enthusiasts meet in Melbourne.
 
Qantas checks in with cloud computing
Impressed with results of public cloud bake-off.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
What is delaying adoption of public cloud in your organisation?







   |   View results
Lock-in concerns
  23%
 
Application integration concerns
  3%
 
Security and compliance concerns
  31%
 
Unreliable network infrastructure
  9%
 
Data sovereignty concerns
  24%
 
Lack of stakeholder support
  3%
 
Protecting on-premise IT jobs
  4%
 
Difficulty transitioning CapEx budget into OpEx
  3%
TOTAL VOTES: 554

Vote