SUBSCRIBERS
ST Telemedia invests US$89 million in Armor
Investment will accelerate adoption of Armor's managed security platform for public, hybrid cloud environments
Published Wed, Apr 5, 2017 · 09:50 PM
Singapore
ST Telemedia (STT) is investing US$89 million in Dallas-based Armor, which provides managed security for public and hybrid clouds.
With this investment, STT becomes a joint lead shareholder with The Stephens Group (TSG), Armor's existing majority shareholder.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Meituan to debut in Riyadh as expansion beyond China quickens
Mapletree Industrial Trust to distribute S$13 million of divestment gains over next 4 quarters
K-pop agency Hybe’s internal strife wipes out 1.2 trillion won
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
Hong Kong bourse regains favour on hopes of a market revival
Chinese sellers go to TikTok school to reach buyers abroad