IT services company Atturra (ASX: ATA) has locked in an acquisition agreement for rival Cirrus Networks (ASX: CRN) for a total consideration of $37 million in cash plus additional shares. This transaction is poised to have a significant impact on the Australian IT services landscape, consolidating the position of Atturra as a leading player in
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After kicking off the financial year with multiple contract wins, IT solutions provider Cirrus Networks (ASX: CNW) is closing off with its strongest financial year in history—made possible thanks to some major contract wins and reduced overhead costs. Cirrus is expecting to achieve a consolidated revenue of $112 million in FY23, setting a new record
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We don’t want to keep bringing up what happened last year to Optus, Medibank, or Telstra, but the cyber threat in Australia is real. According to IBM Global managing director Charles Henderson, Australia and the rest of Asia are being increasingly targeted for cyberattacks, and the average cost of each cyber breach in Australia, reached
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Learning from ransomware attacks that befell giant corporations Optus and Medibank in recent months, Australian enterprises have been increasingly vigilant about their cybersecurity as no one wants to make headlines as the next victim. This brings good business to managed services and IT solutions company Cirrus Networks (ASX: CNW). The Company proudly announced that it
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