Feeds

M5 Networks acquired by Northrop Grumman

Canberra security company off to the spookware big leagues

  • alert
  • submit to reddit

Reducing security risks from open source software

Canberra security company M5 Networks has been acquired by US defence contractor Northrop Grumman.

Terms of the deal haven’t been disclosed, but Northrop Grumman says “The acquisition is not material to Northrop Grumman's 2012 financial outlook” which means it is unlikely to involve colossal sums. M5’s team will remain in place and the company will retain its identity.

The acquisition is being positioned as a beach head for Northrop Grumman in Australia, with a statement saying it "… enhances our ability to provide innovative, agile and proven cybersecurity and communication solutions to Australian customers," according to Wes Bush, Northrop Grumman chairman, chief executive officer and president.

Canned quotes from M5 managing director Matthew Wilson support the beach head positioning, as he says “We expect that as part of Northrop Grumman, our customers also will benefit from the cybersecurity leadership and extensive resources that Northrop Grumman can bring to M5 Network Security and its employees.

We suspect the US company also like the looks of M5’s secure comms hardware, which could be just the thing for some of its customers. ®

Eight steps to building an HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.