AGC Networks subsidiary to buy cyber security firm Dragonfly Technologies

AGC Networks subsidiary to buy cyber security firm Dragonfly Technologies

AGC Networks Limited said that its indirect subsidiary — Black Box Technologies Australia has agreed to acquire Dragonfly Technologies Australia from KAK Nominees, Cylaiako Nominees, and CTA Consulting for AUD 7.43 million ($5.47 million). According to the Mumbai-based IT service management company, the consideration is payable 50% at the time of closing of the deal, […]