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StarHub to fork out S$122m for Singapore cryptography, digital security firm

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Annabeth Leow

Annabeth Leow

Published Fri, Dec 15, 2017 · 09:50 PM

Singapore

STARHUB has inked a deal to buy a home-grown cryptography and digital security company for up to S$122 million, the telco said on Friday in an announcement filed on the Singapore Exchange website.

The put and call option agreement with the owners of D'Crypt Pte Ltd would see StarHub pick up the company's entire share capital in two phases, paid in cash out of StarHub's internal resources.

TelcosStarHub

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