SingTel closes US$770m Trustwave acquisition deal

The total deal price was trimmed by US$40m.

SingTel has completed its US$770m ($1.01b) acquisition of Trustwave, a US-based cyber security company.

The final aggregate consideration for the deal is lower by US$40m ($56.4m) compared to the original consideration of US$810m when the acquisition was first announced in April.

"Trustwave can leverage Singtel's assets and extensive market presence to broaden its overall security portfolio and address the fast-growing security market opportunity, especially in the Asia Pacific region,” said Bill Chang, Singtel Group Enterprise Chief Executive Officer.

With the acquisition finalized, Trustwave has added a number of cyber security assets and capabilities to Singtel including enterprise-grade managed security services for threat, vulnerability and compliance management, over 3 million business subscribers in 96 countrie, more than 1,200 employees located in 26 different countries, and six global Security Operations Centers in North America, Asia Pacific and Europe.

Trustwave, which remains headquartered in Chicago, is now a standalone business unit within Singtel Group Enterprise and will continue to operate under the Trustwave brand.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia