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Singtel Finally Managed To Divest Cash Burning Cybersecurity Division For US$205Mil.

Singtel has finally found a buyer for its cash burning Cybersecurity business of Trustwave. It has agreed to sell Trustwave to MC2 Titanium (growth equity fund of the advisory firm The Cherloff Group) for US$205Mil. Singtel had purchased Trustwave for an astounding US$770Mil in April 2015. This is now half a billion dollar losses in […]

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