NSE Arm Buys Cyber Security Firm Aujas
An arm of the country's largest stock bourse the National Stocks Exchange has acquired cyber security company Aujas Networks for an undisclosed sum as it seeks to strengthen the capital markets ecosystem.
The transaction comes amid concerns on cyber defences raised by multiple studies and surveys.
NSEIT has acquired the 2008-incorporated Aujas, a statement said on Friday, adding there will not be any change in the management of the acquired company.
“NSE is constantly looking for opportunities to further strengthen and secure the capital market ecosystem. Cyber security is key to secure the exchange ecosystem and BFSI,” NSE Managing Director and Chief Executive Officer Vikram Limaye said.
Aujas has 400 employees and 390 global customers who are served from operations in India, the Middle East and North America, it said.
The acquisition will help NSEIT provide globally-benchmarked cyber security offering to enterprises, including cyber security assessments, risk management, security product implementation and, security monitoring and response.
"The combination with Aujas helps us offer next generation cyber security services and platforms to address emerging security threats. NSEIT and Aujas will focus on offering market-leading solutions to customers globally," NSEIT MD and CEO N Muralidharan said.