Excite Technology Acquires CDFS to Enhance Cybersecurity

Cipherpoint Ltd (AU:EXT) has released an update.

Excite Technology Services Limited has completed the acquisition of CBIT Digital Forensic Services (CDFS), a leader in digital forensics and accredited cyber skills training. The acquisition, at a cost of $750,000 in cash and 100 million shares, with additional performance-based considerations, aims to enhance Excite’s Digital Forensics and Incident Response capabilities. The CDFS team will operate within the Excite Group, with opportunities for collaboration already underway.

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