Singapore-based telecommunications company Singtel has entered a definitive agreement to acquire U.S.-based managed security services company Trustwave. Trustwave, a Chicago-based company with more than 1,200 employees, will continue to operate as a stand-alone business unit under Singtel. The security firm says it has more than 3 million business subscribers in 96 countries for its cloud-based services. Singtel will have a 98 percent ownership stake in Trustwave with Robert McCullen, Trustwave’s chairman and CEO, holding the remaining 2 percent.”]
Source: https://www.cuinfosecurity.com/singtel-to-acquire-trustwave-a-8088