AUCloud announces completion of PCG Cyber, Venn IT and Arado acquisitions.
AUCloud (ASX: SOV) has successfully concluded the acquisition of three strategically aligned businesses, marking a significant expansion of its national cyber security, cloud and managed service capabilities.
The acquisitions, previously announced on 18 March 2024, include:
- PCG Cyber — A cyber security consultancy firm specialising in Australian Government security advice and operations.
- Venn IT — A Managed Service Provider (MSP) and professional consulting business, renowned for its expertise in data resilience & backup protection across multiple private enterprise and government sectors.
- Arado — A cloud and managed services provider with a reputation of serving state and local government and enterprises customers across diverse sectors.
In an announcement to the Australian Stock Exchange, AUCloud CEO and Managing Director Peter Maloney highlighted the strategic significance of the acquisitions.
“This growth initiative broadens AUCloud’s range of products and services, revenue streams and geographical reach,” Mr Maloney said.
“It represents the combination of distinctive technologies, skills and the expertise of highly experienced providers into AUCloud’s operations. This strategic move bolsters AUCloud’s capacity to provide comprehensive cyber security, secure cloud solutions, consulting and managed services, meeting the increasing demands of Australian organisations and governments.”
Read the AUCloud (ASX:SOV) Announcement here.
For further information, please contact:
Tash Jobson | Media Specialist
P: +61 409 909 493
E: [email protected]
About AUCloud (ASX: SOV)
AUCloud is an ASX-listed Australian owned and operated Cyber Security Managed Security Service Provider (MSSP) and Sovereign Cloud Service (IaaS) specialist that supports Australia’s Legal industry, Governments, Critical National Industries (CNIs) and secure enterprise organisations with the latest sovereign cloud infrastructure, backup and cyber security threat defence and response services.
AUCloud’s Sovereign Cloud Service (IaaS) and Cyber Security Solutions are underpinned by a range of security certifications, including “Certified Strategic” on Digital Transformation Agency’s Hosting Certification Framework (HCF), assessed to the PROTECTED controls of the Australian Signals Directorate’s (ASD) Information Security Manual (ISM) through to the Australian Cyber Security Centre’s Cloud Assessment and Authorisation Framework (CAAF), inclusive of the Information Security Registered Assessors Program (IRAP) certification and ISO 27001.