archTIS acquires Nucleus Cyber to expand global footprint

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Nucleus Cyber announced that it has been acquired by archTIS. According to the terms of the agreement, archTIS will acquire a 100 percent stake in Nucleus Cyber in an all-stock deal for a total consideration of A$9.75 million (US $7.1 million). In conjunction with this acquisition, archTIS also announced it has raised a funding placement of approximately $8.4 million via the ASX exchange and will use the new funds to accelerate the growth of the … More

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Read the original article: archTIS acquires Nucleus Cyber to expand global footprint