WSi News2015-04-07 01:04:17
Singtel to Acquire Trustwave to Bolster Global Cyber Security Capabilities
Trustwave® today announced that Singapore Telecommunications Limited (Singtel), Asia's leading communications company, has entered into a definitive agreement to acquire Trustwave Holdings, Inc., a privately held information security company headquartered in Chicago. The acquisition strengthens Singtel's information security capabilities and bolsters Trustwave's ability to expand its leadership in managed security services globally.
Trustwave Chairman, Chief Executive Officer and President Robert J. McCullen said: "We are excited to join Singtel and to leverage its global presence and resources to accelerate worldwide adoption of our security solutions. This strategic partnership creates an unparalleled opportunity to combine Singtel's robust information and communications solutions with Trustwave's industry-leading security technologies and managed services platform to deliver cutting-edge solutions that will enhance our customer experience. Singtel is the perfect partner for us as we continue to help businesses fight cybercrime, protect data and reduce security risk, and the Trustwave team is thrilled to become a part of such a prestigious and innovative organization."
Following the close of the acquisition, Singtel plans to combine its state-of-the-art information and communications technology (ICT) with Trustwave's broad portfolio of managed security services. The acquisition will help expand Singtel's existing line-up of cloud-based solutions to encompass security services, to create an end-to-end ICT offering to business customers -- bolstering Singtel's leadership position in the managed services market.
Trustwave® today announced that Singapore Telecommunications Limited (Singtel), Asia's leading communications company, has entered into a definitive agreement to acquire Trustwave Holdings, Inc., a privately held information security company headquartered in Chicago. The acquisition strengthens Singtel's information security capabilities and bolsters Trustwave's ability to expand its leadership in managed security services globally.
Trustwave Chairman, Chief Executive Officer and President Robert J. McCullen said: "We are excited to join Singtel and to leverage its global presence and resources to accelerate worldwide adoption of our security solutions. This strategic partnership creates an unparalleled opportunity to combine Singtel's robust information and communications solutions with Trustwave's industry-leading security technologies and managed services platform to deliver cutting-edge solutions that will enhance our customer experience. Singtel is the perfect partner for us as we continue to help businesses fight cybercrime, protect data and reduce security risk, and the Trustwave team is thrilled to become a part of such a prestigious and innovative organization."
Following the close of the acquisition, Singtel plans to combine its state-of-the-art information and communications technology (ICT) with Trustwave's broad portfolio of managed security services. The acquisition will help expand Singtel's existing line-up of cloud-based solutions to encompass security services, to create an end-to-end ICT offering to business customers -- bolstering Singtel's leadership position in the managed services market.
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