Thales Buys European Cybersecurity Companies S21sec, Excellium for 2X Revenues
Thales buys sister cybersecurity companies S21sec & Excellium for incident response & security operations services. M&A valuation: 2X annual sales.
M&A: MSSP Sells ATM Security Software Business to Auriga
S21sec, a European MSSP (managed security services provider), sells its ATM security software business to Auriga, a provider of banking & payment solutions.