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 newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags TelstraanalyticsWynyard GroupCognevo

Brand Post

Featured

Slideshows

Malwarebytes shoots the breeze with channel, prospects

Malwarebytes shoots the breeze with channel, prospects

A Kumeu, Auckland, winery was the venue for a Malwarebytes event for partner and prospect MSPs - with some straight shooting on the side. The half-day getaway, which featured an archery competition, lunch and wine-tasting aimed at bringing Malwarebytes' local New Zealand and top and prospective MSP partners together to celebrate recent local successes, and discuss the current state of malware in New Zealand. This was also a unique opportunity for local MSPs to learn about how they can get the most out of Malwarebytes' MSP program and offering, as more Kiwi businesses are targeted by malware.

Malwarebytes shoots the breeze with channel, prospects
EDGE 2019: Channel forges new partnerships during evening networking

EDGE 2019: Channel forges new partnerships during evening networking

Partners, vendors and distributors reconnected during a number of social gatherings during EDGE 2019. The first evening saw the channel congregate for a welcome party at the Hamilton Island yacht club, while the main poolside proved to be the perfect stop for a barbecue on the final night.

EDGE 2019: Channel forges new partnerships during evening networking
Show Comments