EQT Agrees to Sell AI-Powered Cybersecurity Provider Ontinue to Quorum Cyber Following Standalone Transformation and Expansion
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Deal Roundup: Brookfield seals $2.8bn Reliance Worldwide take-private, EQT exits AI cybersecurity business Ontinue
Brookfield Asset Management has agreed to acquire 100% of ASX-listed plumbing and heating products manufacturer Reliance Worldwide Corporation through its flagship private equity strategy, in an all-cash transaction carrying an enterprise value of about $2.8bn. Brookfield will pay $3.38 per share, with Reliance’s board unanimously recommending the offer to shareholders. The company operates across the […] The post Deal Roundup: Brookfield seals …
EQT Agrees to Sell AI-Powered Cybersecurity Provider Ontinue to Quorum Cyber Following Standalone Transformation and Expansion
(IN BRIEF) EQT has agreed to sell Ontinue, an AI-powered Managed Extended Detection & Response cybersecurity provider, to Quorum Cyber after supporting its transformation into a standalone business. Ontinue serves more than 250 customers across Europe and the United States, … Read the full press release →
A fund in the Wallenberg sphere venture capital group EQT – EQT Mid Market Europe – has agreed to sell Ontinue, an AI-driven cybersecurity services company. The buyer is the British cybersecurity group Quorum Cyber, EQT writes in a press release. No details about the purchase price are included in the press release. Ontinue's cybersecurity services are designed specifically to protect Microsoft users. The company sells its services to more than …
EQT's EQT Mid Market Europe Fund has signed an agreement to sell cybersecurity company Ontinue to Quorum Cyber, according to a press release.
EQT to sell Ontinue, a provider of AI-powered Managed Extended Detection & Response cybersecurity services | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware - National Cyber Security Consulting
Ontinue helps customers across Europe and the US detect and respond to cyber threats in Microsoft environments through 24/7 managed security operations via its Managed Extended Detection & Response platform (“MXDR”) powered by agentic AI and automation EQT supported Ontinue’s transformation through its carve-out into a standalone business, leadership strengthening, […] Thank you for subscribing to our RSS feed!
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