NTT Security Forms Strategic Partnership with Advisory Firm, Momentum Cyber
Thursday, August 1, 2019
Momentum Cyber to support NTT’s global cybersecurity strategy and growth initiatives through acquisitions, partnerships and strategic investments
NTT Security, the specialized security division and center of excellence in security for NTT, has formed a strategic alliance with Momentum Cyber, the premier trusted advisor to the cybersecurity industry. This new partnership will see Momentum Cyber serve as Mergers and Acquisitions (M&A) advisor to support NTT’s global cybersecurity growth strategy in its mission to deliver total resilient business solutions for its clients’ digital transformation needs.
NTT Security is one of 28 remarkable companies brought together to become the leading global technology services provider, NTT (announced on 1st July 2019). Working with Momentum Cyber, NTT Security will be able to leverage its industry knowledge and network in the cybersecurity ecosystem to identify and action strong investment opportunities.
NTT Security will expand and enhance its portfolio to accommodate new and evolving trends. It will also develop its existing product and service offerings to support clients that are increasingly demanding a single source security provider. This is due to the overwhelming deluge of solutions on the market which is causing complexity and therefore driving clients to adopt a ‘back to basics’ approach when it comes to implementing existing or new technologies.
Overall, the strategic partnership means NTT’s clients will benefit from the right mix of Managed Security Services, Security Consulting Services and security technology now and in the future.
“We are thrilled to welcome Momentum Cyber as a partner of NTT Security and form this strategic relationship between our two companies. By combining our global capabilities with Momentum Cyber’s unrivalled M&A knowledge and experience advising both emerging and large companies, we are well positioned to complement our current solutions with additional capabilities. Together, we will extend the NTT brand globally and further NTT as a global leader in a dynamic and high-growth industry,” said Matthew Gyde, CEO, NTT Security.
“Speaking for the entire firm, we are honored to be working with NTT Security and embrace this opportunity to further its mission and extend its global reach. We look forward to supporting the specialized security division of NTT as a trusted advisor through its next chapter of growth – bringing to bear our firm’s extensive capabilities and vast network to help NTT Security achieve its strategic objectives,” concluded Eric McAlpine and Michael Tedesco, Momentum Cyber’s Managing Partners.
About Momentum Cyber
Momentum Cyber is the premier trusted advisor to the cybersecurity industry providing bespoke high-impact advice combined with tailored, senior-level access. The firm was founded by world-class operators and advisors and caters to the unique needs of both earlier stage Founders, CEOs, & Boards as well as the complexity of later stage & public companies throughout their lifecycle – incubation to exit. Headquartered in San Francisco with operations globally, the founding team has closed over 250 transactions totaling over $250 billion in value, including 46 transactions and $16 billion in value in cybersecurity alone. In addition to providing strategic advisory services, Momentum Cyber publishes insightful cybersecurity research and market reviews powered by a proprietary data platform called CYBERcloud as well as the ubiquitous CYBERscape industry taxonomy. Momentum Cybersecurity Group, LLC conducts its M&A advisory services as an M&A Broker as defined by the SEC.
About NTT’s Security Division
We are the specialized security division and the center of excellence in security for NTT. With embedded security, we enable NTT to deliver resilient business solutions for clients’ digital transformation needs. With multiple SOCs, seven R&D centers and over 2,000 security experts, we handle hundreds of thousands of security incidents annually.
About NTT Ltd.
NTT Ltd. is a leading global technology services company bringing together 28 brands including NTT Communications, Dimension Data, and NTT Security. We partner with organizations around the world to shape and achieve outcomes through intelligent technology solutions. For us, intelligent means data driven, connected, digital, and secure. As a global ICT provider, we employ more than 40,000 people in a diverse and dynamic workplace that spans 57 countries and regions, trades in 73 countries and regions, and delivers services in over 200 countries and regions. Together we enable the connected future. Visit us at our new website www.hello.global.ntt
For more information, please contact:
m. +44 (0)7766 257776
t. +44 (0)203 814 2941