TruSecure and Betrusted Merge to Form Cybertrust
September 20, 2004
Information security firms TruSecure and Betrusted have merged to form a new company called Cybertrust, headquartered in Herndon, Virginia. The combined business will offer risk-management consulting, managed security services and security software, employ about 1,000 people globally with roughly $160 million in annual revenue, and will be led by TruSecure CEO John Becker. Betrusted had been a wholly owned subsidiary of Bank One’s One Equity Partners; details of the transaction were not disclosed.
- Buyers
- Cybertrust
- Targets
- TruSecure, Betrusted
- Sellers
- One Equity Partners, PricewaterhouseCoopers LLP
- Industry
- Cybersecurity
- Location
- Virginia, United States
- Transaction Type
- Buyout
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