Babcock makes move into cyber market
Babcock International Group has announced the acquisition Context Information Security (ContextIS) in a £32 million transaction.
ContextIS, based in London with offices in Germany and Australia, provides specialist technical consultancy services in the cyber security market and generated a revenue of £10 million in FY2013.
The company is certified under the Government Cyber Incident Response scheme together with its competitors BAE’s Detica, Mandiant, Dell Secureworks and MWR Telecom.
The cyber security market is a fast growing and fragmented market including numerous start-up companies. As defence companies look to tap into this buoyant market, partly to offset a
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