Cybit divests enterprise cybersecurity division to Viatel Technology Group

Cybit, a leading provider of data intelligence and AI-driven technology solutions, announces the successful divestment of its enterprise-grade security division, Cybit Cyber (formerly Cyphra), to Viatel Technology Group Limited, a leading digital services provider headquartered in Dublin.

  • 8 hours ago Posted in

This strategic move reflects Cybit’s sharpened focus on delivering tailored technology solutions and managed services across data intelligence, AI, hybrid cloud, modern workspace and security to the mid-market corporate and SME segment. The divestment enables both Cybit and Cybit Cyber to pursue growth strategies best aligned with their respective markets and customer needs. 

Importantly, Cybit and Cybit Cyber will continue to collaborate where opportunities arise, ensuring continuity and value for customers and partners across both organisations. 

James Hunnybourne, Executive Chair of Cybit, commented, “This decision marks a significant milestone in Cybit’s evolution. By focusing our efforts on our core mid-market strategy, we are better positioned to deliver innovation and value to our customers. We are proud of the legacy and expertise built within Cybit Cyber and are confident that under Viatel’s leadership, the team will continue to thrive. We remain committed to supporting our customers, partners, and employees throughout this transition and look forward to future collaboration opportunities.” 

Paul Rellis, CEO of Viatel Technology Group, added, “We are delighted to welcome Cybit Cyber into the Viatel family. Its deep expertise in enterprise-grade cybersecurity perfectly complements our existing capabilities and strengthens our position as a trusted digital transformation partner. This acquisition reinforces our commitment to delivering secure, scalable, and innovative solutions to businesses across Ireland and beyond.” 

Paddy Trainor, Managing Director of Cybit Cyber, concluded, “Joining Viatel Technology Group is an exciting new chapter for Cybit Cyber. Our team has built a strong reputation over many years for delivering trusted cybersecurity solutions to enterprise and public sector clients. Now, with Viatel’s backing, we are well-positioned to accelerate our growth and looking forward to expanding our capabilities to deliver even more value to our customers.”  

Bitdefender has agreed to acquire Mesh Security Limited (Mesh), a provider of advanced email...
Entara’s proven leadership position in cyber incident response and AI-enabled services will...
Acquisition will enable CybaVerse to enhance proprietary platform and power outsourced and hybrid...
Centreon provides end-to-end monitoring—from the network layer to the user experience—with...
Securonix has acquired ThreatQuotient, the force behind ThreatQ, an innovative external threat...
M247 Group, a leading international provider of hosting, data transport, and cloud solutions, has...
NinjaOne has completed the acquisition of Dropsuite for approximately $270 million USD to help...
Tenable Holdings has announced its intent to acquire Apex Security, Inc., an innovator in securing...