8 June 2012

M5 sells out to the Merchants of Death

| johnboy
Join the conversation
m5 screenshot

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.

Join the conversation

All Comments
  • All Comments
  • Website Comments

This is fantastic news! Congratulations to M5, all that hard work has paid off.

Your average person has no idea how much dedication, hard work and flat out intellect is required to pull off this sort of deal.

Canberrans/Australians should be proud that a local company could produce technology capable of capturing the eye of a global defence leader. This is excellent news.

So the M5 has been sold to another company. I hope the toll doesn’t increase or I’ll have to start taking the Murrays coach to Sydney.

Seems a lot of the big companies are moving in for a slice of the IT market here.

Only just had CSG Professional Services bought by NEC (After being owned by ipex, volante, commander and of course CSG) and Lockheed Martin muscling into canberra for their slice of the pie (with a fancy new building out at Kingston).

I wouldn’t paint Northrop as being the only ‘merchant of death’. Just about any major corporation has their finger in something directly or indirectly involved in finding better ways of making people into puddles of flesh.

Daily Digest

Want the best Canberra news delivered daily? Every day we package the most popular Riotact stories and send them straight to your inbox. Sign-up now for trusted local news that will never be behind a paywall.

By submitting your email address you are agreeing to Region Group's terms and conditions and privacy policy.