I guess the world economy isn’t taking the piss out of everyone. Today we get word (thx tipster) that security firm Next Generation Security Software Ltd (“NGSSâ€) has been purchased by the NCC Group.
From the NCC Group Website:
NCC Group plc (LSE: NCC, “NCC Group†or “the Groupâ€), the international, independent provider of Escrow Solutions, Assurance Testing and Consultancy, has acquired Next Generation Security Software Ltd (“NGSSâ€), a security and testing company, for a maximum consideration of up to £10.0m in cash.
This is the third acquisition by NCC Group in less than two years and as well as complementing its own capabilities in the network, testing and software security market; it will also substantially strengthen the Group’s position in this fast growing sector.
An all cash deal? Yup, the market is still good for some folks.
Congrats to David Litchfield and crew.