BT bought MSSP NetSec, another telecom has bought another MSSP. BT bought Counterpane, which will run as a standalone operation until April 2007, before being integrated in to BT’s Professional Services organisation. The announcement concluded with this statement: As at 31 December 2004 the audited gross assets of the business were $6.8m. That doesn’t sound very promising. It looks like the “return on investment” I mentioned earlier was very negative. It appears investors took a big loss if the company sold for around $40 million.”]
Source: https://taosecurity.blogspot.com/2006/10/counterpane-bought-investors-relax.html