Menu
​Telstra acquires security analytics capabilities of failed NZ firm

​Telstra acquires security analytics capabilities of failed NZ firm

Telco takes control as Wynyard Group sheds security assets.

Telstra has acquired the assets of New Zealand security analytics provider, Cognevo, taking advantage of parent company Wynyard Group being placed into administration.

Having previously been a customer of Cognevo - under its previous trading name of ACTA - the Australian telco giant now expects a deal to be completed “in the next 10 days”.

After rebranding in September 2016, Cognevo has forged a reputation as being a leading security analytics and discovery software provider, working closely with managed security service providers (MSSP) across New Zealand.

Revealed by Wynyard Group administrators, Grant Graham and Neale Jackson, the sale of the Cognevo business division represents a “significant part of Wynyard's operations”.

“The agreement involves the sale by each of Wynyard (NZ) Limited (Administrators Appointed), Wynyard (Australia) Pty Limited (Administrators Appointed) and Wynyard (UK) Limited (In Administration) of their respective interests in the business and assets of the Cognevo business division,” a statement on the New Zealand Stock Exchange read.

“It remains subject to a number of termination rights, with the sale expected to be completed in the next 10 days.

“The administrators are working through the options for the remainder of the business but it is already apparent that there will not be any returns for shareholders arising from the administration.”

Cognevo security analytics solution use machine learning technologies and advanced analytic techniques, specifically targeting business customers.

“Telstra is an existing Cognevo customer and we are acquiring the assets to further enhance the capabilities of our managed security services offer for customers in Australia and globally,” a Telstra statement confirmed.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags analyticsWynyard GroupsecurityCognevoTelstra

Featured

Slideshows

Educating from the epicentre - Why distributors are the pulse checkers of the channel

Educating from the epicentre - Why distributors are the pulse checkers of the channel

​As the channel changes and industry voices deepen, the need for clarity and insight heightens. Market misconceptions talk of an “under pressure” distribution space, with competitors in that fateful “race for relevance” across New Zealand. Amidst the cliched assumptions however, distribution is once again showing its strength, as a force to be listened to, rather than questioned. Traditionally, the role was born out of a need for vendors and resellers to find one another, acting as a bridge between the testing lab and the marketplace. Yet despite new technologies and business approaches shaking the channel to its very core, distributors remain tied to the epicentre - providing the voice of reason amidst a seismic industry shift. In looking across both sides of the vendor and partner fences, the middle concept of the three-tier chain remains centrally placed to understand the metrics of two differing worlds, as the continual pulse checkers of the local channel. This exclusive Reseller News Roundtable, in association with Dicker Data and rhipe, examined the pivotal role of distribution in understanding the health of the channel, educating from the epicentre as the market transforms at a rapid rate.

Educating from the epicentre - Why distributors are the pulse checkers of the channel
Kiwi channel reunites as After Hours kicks off 2017

Kiwi channel reunites as After Hours kicks off 2017

After Hours made a welcome return to the channel social calendar last night, with a bumper crowd of distributors, vendors and resellers descending on The Jefferson in Auckland to kickstart 2017. Photos by Maria Stefina.

Kiwi channel reunites as After Hours kicks off 2017
Arrow exclusively introduces Tenable Network Security to A/NZ channel

Arrow exclusively introduces Tenable Network Security to A/NZ channel

Arrow Electronics introduced Tenable Network Security to local resellers in Sydney last week, officially launching the distributor's latest security partnership across Australia and New Zealand. Representing the first direct distribution agreement locally for Tenable specifically, the deal sees Arrow deliver security solutions directly to mid-market and enterprise channel partners on both sides of the Tasman.

Arrow exclusively introduces Tenable Network Security to A/NZ channel
Show Comments