itnews brings word that Canberra’s M5 Network Security has been bought out by globo deathtek juggernaut Northrop Grumman.
The US-based security giant said today that the acquisition would close “later this year … subject to Australian government review”.
It looked at M5 as a way to enhance the cybersecurity and secure mobile communications advisory it could give to Northrop’s Australian customer base.
Likewise, M5 said it saw benefits in being part of a larger global firm.