- Tesserent (TNT) is set to purchase cybersecurity firm, Airloom
- Then the company will complete the Airloom transaction for $6 million in cash and 40 million shares
- Airloom Sydney-based and focuses on security architecture
- TNT also says the firm has a strong management team and an excellent operating record
- After the purchase, Tesserent will have a strong earnings base and is targeting a revenue run rate on an annualised monthly basis of around $80 million
- Tesserent has opened the market at 22.5 cents per share
Tesserent: Purchasing Airloom
