Financial news, corporate announcements, analysts’ reports
LONDON: Smarttech247, a multi-award-winning provider of AI-enhanced cybersecurity services, has been appointed to a multi-year cybersecurity framework agreement with a major international airport in London, the company announced Monday. The agreement, which spans five years with a potential one-year extension, has a total estimated value of up to £7 million across all four suppliers involved.…
LONDON: Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, has agreed to sell its entire unquoted minority position in Visibility Blockchain Limited to Forcepoint, a global leader in data and cloud security. The disposal is expected to generate a gross cash…
LONDON: Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, announced the launch of a new route to market strategy as part of its wider growth plans supported by an increase in headcount across its key geographical markets over the next 12 months. This…
LONDON: Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, has signed a new additional contract with an existing pharmaceuticals solutions client worth USD $2.1 million over three years. The contract will utilise Smarttech247’s partnership agreement with Splunk Inc., which brings together …
LONDON, UK: Smarttech247, a provider of AI-enhanced cybersecurity services, has announced a strategic partnership with Abnormal Security, a behavioural AI-based email security platform. The partnership will combine cloud-based AI to stop email attacks, such as business email compromise, vendor fraud and phishing. The first contract win from this partnership is a €400k deal with a…
LONDON, UK: Conduity Capital has entered into a non-binding heads of agreement to work towards the possible acquisition of Smarttech247, incorporated in the Republic of Ireland as Zefone Limited, for a total consideration of £33.5 million, to be satisfied by the issue of new ordinary shares in Conduity. Smarttech247 is an established global artificial intelligence (AI) based cybersecurity…
LONDON, UK: Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, has agreed to invest in a new venture capital fund, Sure Valley Ventures III Limited Partnership (SVV3 Fund), alongside Enterprise Ireland which is the cornerstone investor. The SVV3 Fund has received commitments of €30 million at first close, of which…