- Cybersecurity firm Tesserent (TNT) will step into the real world with a new joint venture incorporating cyber and physical security solutions
- Tesserent and New Zealand firm Optic Security Group will also join forces in a 50-50 joint venture (JV) called Tesserent Optic Security
- The JV will see Tesserent’s Cyber 360 security capabilities married with Optic’s expertise in protecting physical assets and infrastructure
- TNT has also acquired secure cloud services firm, iQ3 — along with its $25 million turnover run rate and $3 million in earnings since the start of November
- Tesserent now has a gross revenue run rate on an annualised monthly basis of around $100 million, with aims to increase that to $150 million by mid-2021
- Tesserent is trading 5.56 per cent higher for 38 cents
