Follow us on:

Falanx Group dispose of its Assynt Strategic Intelligence Division (Interview)

Falanx Group plc (LON:FLX) CFO Ian Selby joins DirectorsTalk Interviews to discuss the sale of its Assynt Strategic Intelligence Division for an estimated cash consideration of £4.6 million to Cross Atlantic Solutions LLC. Ian talks us through the highlights, explains how becoming a pure play cyber security business will affect the business, the reasons behind selling the division, use of proceeds and what can Investors expect over the next 6-12months.

Falanx Group protect, defend, and inform businesses in the face of growing political and cyber risks.

Find more news, interviews, share price & company profile here for:Falanx Cyber Security Limited

Share this interview

Other Interviews

Falanx Group William Kilmer says “its a bright future for managed security” (VIDEO) October 19, 2022
Falanx Cyber Launches Mass Market Cyber Security Assessment Tool (Interview) October 4, 2021
Falanx Group well positioned with improving revenues and profits (Interview) September 30, 2021
Falanx Assynt – Geopolitical and Country Risk Coverage June 28, 2021
Falanx Assynt – Critical Global Themes June 21, 2021
Falanx Cyber – Breaching the Defences Attack 5: How to Hack a Company May 24, 2021
Falanx Cyber – Breaching the Defences – Attack 4: Targeting Home Workers May 4, 2021
Falanx Cyber – Breaching the Defences – Attack 3: Ransomware April 19, 2021
Falanx Group: Breaching the defences. Attack 2: Phishing April 12, 2021
Falanx Group: Breaching the defences. Attack 1: Passwords April 6, 2021

More News

Falanx Group change name to Falanx Cyber Security Limited December 14, 2022
Falanx Group report progress in sales with good order growth December 8, 2022
Falanx Group strengthens Board with new appointments October 18, 2022
Falanx Group cyber security services demand continues to grow September 29, 2022
Falanx Group report organic growth of c.14% and positive outlook August 4, 2022
Falanx Group develop partnership to provide M-EDR to UK customers May 9, 2022
Falanx Customer demand has grown significantly December 7, 2021
Falanx Group Directors increase share holding in group October 26, 2021
Falanx Group Trading update and BOOST&Co loan facility update October 13, 2021
Falanx Group sells its Strategic Intelligence Division, Assynt, for £4.6 million October 7, 2021

Search

Useful links

Disclaimer

You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular stock, share, security, portfolio of securities, transaction, investment strategy, or other matter. We openly disclose that we and our contributors may have interests in investments and/or providers of services referred to within the website and that we receive remuneration from certain of the companies referred to on this website.

© 2024 – DirectorsTalk Interviews. All rights reserved. Reproduction in whole or in part, in any form or medium without express written permission is prohibited.