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Nexon Asia Pacific acquires cyber security firm

The technology firm has announced a new deal aimed at enhancing its cyber security offering.

user iconReporter
Wed, 25 Aug 2021
Nexon Asia Pacific acquires cyber security firm
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Nexon Asia Pacific has acquired Equate Technologies — a Brisbane-based cyber security, risk, and consulting solutions firm.

The deal aims to fortify Nexon’s offering in response to the changing threat landscape, with malicious activity surging in lieu of mass digitisation off the back of the COVID-19 pandemic.

“With over eight years of experience delivering integrated cyber security solutions, Equate Technologies has invested in local cyber security talent and technologies in supporting the company’s commitment to improve the performance, productivity, and protection for their clients,” Barry Assaf, Nexon Asia Pacific CEO, said.

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“Cyber threats are more sophisticated, coordinated, and targeted today. Our clients require the expertise and capabilities to secure their environments with access to next-generation capabilities.

“Equate Technologies augments our offering and capability to deliver scalable, end-to-end proactive cyber security services as part of our comprehensive advisory and managed services.”

Equate’s integrated security offerings are expected to support government, not-for-profit, and mid-market customers.

Stephen Richards, managing director at Equate Technologies, welcomed the deal, which he said would expand the company’s market footprint.

“Our extensive experience in delivering world-,class onshore managed and professional security services to some of Australia’s fastest growing businesses has always been a strong differentiator,” Richards added.

“With Nexon, we have the platform, resources and financial backing to extend our geographic reach and expand our service offerings to clients.”

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