26th Apr 2018 11:21
LONDON (Alliance News) - Shearwater Group PLC said Thursday that it has acquired the business and assets of Crystal IT Services Ltd, a Cardiff, Wales, based provider of cyber security and business information technology solutions.
The cyber security company has rebranded the business as Xcina IS and will form a component of the group's information security and assurance company, Xcina, augmenting its services capability. Crystal IT founder and Managing Director Chris Benson will lead the lead the rebranded business.
No financial terms of the deal were disclosed.
Shares in Shearwater were trading 3.20% higher at 3.22 pence.
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