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
Photos: iTnews Benchmark Awards countdown begins
Just a few days left until entries close for 2014.
 
Australian Govt to rethink cyber security strategy
Six-year old policy to be refreshed.
 
The failure of the antivirus industry
[Blog post] Insights from AVAR 2014.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  38%
 
Your insurance company
  3%
 
A technology company (Google, Facebook et al)
  8%
 
Your telco, ISP or utility
  7%
 
A retailer (Coles, Woolworths et al)
  2%
 
A Federal Government agency (ATO, Centrelink etc)
  20%
 
An Australian law enforcement agency (AFP, ASIO et al)
  15%
 
A State Government agency (Health dept, etc)
  5%
TOTAL VOTES: 1069

Vote