Home / Financial Report / QinetiQ Acquires Cyber Firm Cyveillance

QinetiQ Acquires Cyber Firm Cyveillance

images-13As of July 1st Cyveillance is now a wholly-owned subsidiary of QinetiQ North America. Cyveillance provides cyber intelligence and internet risk and threat assessment to businesses around the globe. QinetiQ’s acquisition acknowledges the growing government market for cybersecurity innovation and products. 

Under the agreement Cyveillance will continue to provide services to its commercial clients but will now aide QinetiQ’s technology division that focuses on government cyber security solutions. 

images2QinetiQ North America’s CEO Duane Andrews said, “We selected Cyveillance because their open source cyber solutions perfectly complements our existing portfolio of security services and solutions. QinetiQ North America is now uniquely positioned to provide government customers with cyber capabilities previously only available within the commercial markets.”

Read the Press Release Here.

Check Also

Pacific Defense Buys Spectranetix to Grow Military Tech Portfolio

Pacific Defense, which aims to develop non-kinetic systems for the military sector, has acquired open systems architecture developer Spectranetix for an undisclosed sum as part of portfolio expansion efforts.

Investment Firm Skyview Buys Fidelis Cybersecurity; Alex Soltani Quoted

Skyview Capital has purchased Fidelis Cybersecurity, an automated threat detection and response technology provider to the government and commercial sectors, for an undisclosed sum. "This transaction aligns well with our investment philosophy of targeting and investing in mission critical technology businesses across a wide spectrum of verticals, from telecommunications to cybersecurity," said Alex Soltani, chairman and CEO of Skyview Capital.