Crossword Cybersecurity Plc acquires threat intelligence company, Threat Status Limited>
Real Wire
14 March 2022 â London, UK – Crossword Cybersecurity Plc (AIM:CCS, âCrosswordâ, the âCompanyâ or the âGroupâ), the technology commercialisation company focused on cyber security and risk, is pleased to announce its acquisition of the whole of the share capital of Threat Status Limited (âThreat Statusâ), the threat intelligence company and provider of Trillionâ¢, the cloud based software as a service (SaaS) platform for enterprise-level credential breach intelligence has now completed. Additionally, Threat Statusâs more recently released product, Arc, protects the users of customer-facing applications from the threat of Account Takeovers. The acquisition of Threat Status takes the Companyâs portfolio to five cyber security offerings, alongside its cyber security consulting and managed services offerings. The transaction was first mentioned on 21 December 2021 in an RNS announcement.
Tom Ilube, CEO Crossword Cybersecurity plc Crossword Cybersecurity has agreed to pay a total consideration of £1.529m for Threat Status.
Link: https://latesttalks.in/crossword-cybersecurity-plc-acquires-threat-intelligence-company-threat-status-limited/