View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
April 8, 2015

Singtel acquires cyber security firm Trustwave for $810m

Singtel to expand its cloud and security offering with Trustwave.

By CBR Staff Writer

Singapore Telecommunications (Singtel) has entered into an agreement to buy US-based cyber security provider Trustwave for $810m.

With its Trustwave acquisition, Singtel aims to boost and expand its managed security services globally.

According to reports, the deal has come at a time when Singtel is slowly drifting away from its telecom business and venturing into video and digital advertising and cyber security offerings by collaborating with other companies.

Singtel announced that it is planning to integrate Trustwave’s managed security services with its own information and communications technology (ICT).

It will help Singtel’s existing line-up of cloud-based solutions to offer security services and create an end-to-end ICT offering to its business customers.

Singtel Group CEO Chua Sock Koong said: "We aspire to be a global player in cyber security. We have established a strong security business in the region, both organically and through strategic partnerships with global technology leaders.

"Our extensive customer reach and strong suite of ICT services, together with Trustwave’s deep cyber security capabilities, will create a powerful combination and allow Singtel to capture global opportunities in the cyber security space."

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

According to reports, the deal is likely to be closed within the next three to six months.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.