Feeds

M5 Networks acquired by Northrop Grumman

Canberra security company off to the spookware big leagues

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

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. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.