Tesserent Acquires Beyond Binary

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Tesserent has announced the strategic acquisition of Beyond Binary.

Beyond Bimary is a firm specialising in the provision of security related services, including penetration testing, red team engagements, adversary/attack simulation and associated security consulting services.

The consideration for the acquisition of Beyond Binary is approximately A$7m, which is payable in tranches and subject to certain standard adjustments.

Tesserent says the completion of the acquisition is subject to a number of conditions precedent and is expected to complete by mid October 2023.

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