financetom
Business
financetom
/
Business
/
TELUS Buying Vumetric, a Cybersecurity Provider, For an Undisclosed Price
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TELUS Buying Vumetric, a Cybersecurity Provider, For an Undisclosed Price
May 7, 2024 2:33 PM

05:03 PM EDT, 05/07/2024 (MT Newswires) -- TELUS ( TU ) (T.TO, TU), a telecom company, on Tuesday said it acquired Vumetric Cybersecurity, a cybersecurity provider specializing in advanced penetration testing, for an undisclosed price.

The company said the acquisition enhances "its security services portfolio, which includes Advisory Services, Cloud Security, Network Security, and Cyber Defence, through the integration of Vumetric's specialized digital platform".

Telus ( TU ) shares closed up C$0.06 to C$22.54 on the Toronto Stock Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Launch One's Merger Target Minovia Gets FDA Fast Track Designation for Myelodysplastic Syndrome Drug
Launch One's Merger Target Minovia Gets FDA Fast Track Designation for Myelodysplastic Syndrome Drug
Sep 18, 2025
08:14 AM EDT, 09/18/2025 (MT Newswires) -- Launch One Acquisition's ( LPAA ) merger target Minovia Therapeutics said Thursday that the US Food and Drug Administration has granted fast track designation to its lead investigational compound, MNV-201, for the treatment of Myelodysplastic syndrome. The designation is in addition to existing FDA fast track and rare pediatric disease designations for MNV-201...
Radian Bets $1.7 Billion On Inigo To Reinvent Itself As A Global Specialty Insurance Powerhouse
Radian Bets $1.7 Billion On Inigo To Reinvent Itself As A Global Specialty Insurance Powerhouse
Sep 18, 2025
Radian Group Inc. ( RDN ) said Thursday it will buy Inigo Limited, a Lloyds Banking Group ( LYG ) specialty insurer, in a $1.7 billion transaction that will transform the Pennsylvania-based company into a global multi-line insurer. The deal, funded primarily with cash on hand and excess subsidiary capital, values Inigo at 1.5 times its expected 2025 tangible equity....
Quantum BioPharma Gets Health Canada License to Sell Qlarity Supplement
Quantum BioPharma Gets Health Canada License to Sell Qlarity Supplement
Sep 18, 2025
08:43 AM EDT, 09/18/2025 (MT Newswires) -- Quantum BioPharma ( QNTM ) said Thursday it has been granted a Health Canada product license for Qlarity, a natural health dietary supplement, allowing it to now be sold in Canada with specific recommendations. Quantum licensed a similar product, as a dietary supplement, for sale in the United States under the brand name...
Purell maker GOJO Industries explores options including a sale, sources say
Purell maker GOJO Industries explores options including a sale, sources say
Sep 18, 2025
(Reuters) -Purell hand sanitizer maker GOJO Industries is exploring options including a full sale or offloading a minority stake, with any deal likely to value the privately-held company at close to $2 billion, according to people familiar with the matter. GOJO is holding conversations with private equity firms and working with investment bank Harris Williams on the process, the sources...
Copyright 2023-2026 - www.financetom.com All Rights Reserved