Telent Acquires Stake in CNS Group
Pioneering technology services company, telent Technology Services Ltd, has increased its IT security capability by acquiring a 25% stake in CNS Group, the London-based information assurance and cyber security specialists.
Expanding Cyber Security Across Sectors
IT Security is an increasingly critical component of services provided across the telent portfolio of service solutions, including Blue Light, Rail, Business and Traffic.
CNS will continue to be run and managed as a separate entity but the two organisations will work closely together.
Strategic Benefits for Both Companies
“This deal is strategically beneficial to both telent and CNS, and enables us to build solutions bringing together telent’s scale and ability to deliver end-to-end ICT solutions with CNS’s specialist IT security and information assurance capabilities. In addition, this also provides new opportunities for both parties across our combined customer markets, some of which have already been identified and are being jointly developed together,” said Chris Metcalfe, Managing Director of telent Technology Solutions.
CNS Group: Background and Clientele
CNS was established in 1999 and its customers range from FTSE 100 and larger public sector organisations to the SME sector.
CEO of CNS Group, Kevin Dowd, commented: “We are an ambitious firm and we’re keen to put this strategic investment to good use, enhancing our customer offering, growing CNS and taking the company to the next level. We’ll be looking at better ways of delivering our services, investing in our delivery platform and developing more offerings to sit alongside our existing proprietary technology.”
Dowd continued: “Our association with telent will also mean that we can target bigger deals and we’re aiming to improve our market share in this sector.”
