Britain’s BAE Systems in mid-October said it has agreed to acquire commercial cyber security service provider SilverSky for $232.5 million to grow its commercial cyber business. New York-based SilverSky provides cloud-managed security and application services as well as cloud-based email security and threat protection software. The company, which expects to have $75 million in sales this year, has more than 5,500 customers in the financial, healthcare, retail, energy, critical infrastructure and manufacturing sectors, mostly in the United States. BAE said…
BAE To Acquire Commercial Cloud Security Provider SilverSky
By
Rich Abott
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