MSSP M&A: Singapore’s Focus Digital Technology Acquires Iridium Global
Focus Digital Technology has acquired cybersecurity and managed IT service provider Iridium Global. Financial terms of the deal were not disclosed.
This is technology M&A deal number 913 that MSSP Alert and sister site ChannelE2E have covered so far in 2022.
Blending IT Solutions, Systems Integration and Managed Security Services
Focus Digital Technology Group of Singapore is the holding company for three businesses:
- Focus Computer, an IT systems integration and VAR solution provider;
- Focus Digitech, a deep-tech digital transformation services provider; and
- Cybernatics, a SaaS-based Cybersecurity Asset Attack Surface Management (CAASM) company.
The latest addition, Iridium Global, is a cybersecurity company that offers consultancy, audit and managed security services. MSSP Alert could not find additional information about the seller.
In a prepared statement about the deal, Focus Digital Technology Group CEO Edwin Lee said:
“We’re delighted to have Iridium Global join our family. We are strong advocates of technology efficiencies and this merger not only strengthens our group of companies, but also enables our customers to tap on the collective strengths of our companies seamlessly.”
Added KC Wong, CEO of Iridium Global:
“Iridium Global is privileged to be part of Focus Digital Technology Group and be part of a trusted 30-year brand. The merger will serve to further enhance the group’s cybersecurity services and give our collective clients a more comprehensive and fully integrated solution to their individual needs.”