Kordia New Zealand is expanding its cyber-security portfolio with the purchase of Wellington-based Aura Information Security for $10.02m, reports https://www.kordia.co.nz.
Auckland, New Zealand - March 31, 2016 /MarketersMedia/ —
Kordia New Zealand recently announced the company is expanding its cyber-security portfolio with the purchase of Wellington-based Aura Information Security at the cost of $10.02m.
Founded in 2001 by entrepreneur Andy Prow, Aura is New Zealand's leading cyber security company and specializes in computer, network security and telecommunications nz services throughout the country as well as in Australia and the United States.
Kordia's Chief Executive Scott Bartlett says "Cyber-security is one of the single biggest challenges facing business globally. The recently published Institute of Directors Sentiment Survey showed that only 27 percent of New Zealand Boards are confident of their ability to deal with a cyber-security incident. Unfortunately it is well-known that these types of events can turn out to be extremely costly for everyone involved. The results of this particular survey highlight the risk to New Zealand business as well as a significant need for the sort of expert, trusted advice that Aura has always provided to customers."
As Bartlett goes on to say, "Kordia has been active in this market for a couple of years. Consequently, our team has been able to see that there is strong demand for these services already, and the growth curve is only steepening. This acquisition equips Kordia to further advance the security strategy of our company as we work to meet the growing demands of our current and potential customer base."
"We consider this acquisition to be outstanding news for our staff, our stakeholders, and most importantly, for our existing and new Aura customers. It broadens the customer base for both organisations. Along with being premier provider of business telecom services, the acquisition also positions Kordia as the leading cyber security firm in New Zealand," says Bartlett.
As a part of the recent acquisition of Aura, Kordia will also have the privilege of becoming an agent for the RedShield web application shielding service in New Zealand and Australia.
About Kordia:
Kordia wants to connect better with customers, with employees, and with the whole world. The company exists to make businesses more effective through speed, efficiency and total reliability. They bring together professionals from diverse disciplines, with complementary skills, to provide distinctly local solutions. Kordia's specialists' depth of knowledge and project management expertise let them take on complex, business-critical projects other firms cannot deliver.
For more information about us, please visit https://www.kordia.co.nz
Contact Info:
Name: Paul Thornton
Organization: Kordia
Phone: +64 9 551 7000
Source: http://marketersmedia.com/kordia-acquires-aura-information-security/109034
Release ID: 109034
