CNS Group Targets Growth after Strategic Investment from telent

By: CNS Group
 
July 24, 2014 - PRLog -- London, 24 July 2014. CNS Group (http://www.cnsgroup.co.uk/), the cyber security consultancy and services provider, has today announced a strategic investment by telent, the technology services company. telent will take a 25% holding in CNS Group. This investment will enable CNS Group to develop its services and gives telent a cyber security offering.

Chairman of CNS Group, Kevin Dowd, commented “We are an ambitious firm and we’re keen to put this strategic investment to good use, enhancing our customer offering, growing CNS and taking the company to the next level. We’ll be looking at better ways of delivering our services, investing in our delivery platform and developing more offerings to sit alongside our existing proprietary technology”. He continued, “Our association with telent will also mean that we can target bigger deals and we’re aiming to improve our market share in this sector”.

This strategic investment reflects the increasing importance of specialist security firms to larger systems integrators or vendors, as seen by the level of acquisitions in recent months. telent supports some of the UK’s most critical national infrastructure and will now be able to apply the skills of the CNS Group to the security issues these companies face.

Chris Metcalfe, Managing Director of telent’s Technology Solutions Business said “we recognise the increasing importance of IT security to our customers and this investment will enable us to really strengthen our offerings in this space. Many organisations now have mission critical IP-based systems and we need the capability to support them and provide consultancy on how best to implement security in often complex systems. We see a very strong fit between telent’s scale and ability to deliver end to end ICT solutions, and CNS’s specialist IT Security and Information Assurance capabilities.  We’re looking forward to a successful alliance with CNS Group and its knowledgeable team”.

The CNS Group founders and Directors will all remain with the company in order to ensure the potential of the investment and the partnership are fulfilled. CNS Group has been providing cyber security services since 1999 and stays an independent organisation.

www.cnsgroup.co.uk

www.telent.com

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Source:CNS Group
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Tags:It Security, Cyber Security, Investment
Industry:Security, Technology
Location:England
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