Venn set to join AUCloud

AUCloud recently announced it has entered into binding agreements to acquire PCG Cyber, Venn and Arado.

AUCloud is an award-winning Australian provider recognised for its comprehensive cyber security & secure cloud solutions. This strategic move is designed to combine our complementary strengths, extend our capabilities, and reinforce our commitment to delivering exceptional managed services and solutions without disrupting the quality and reliability you've come to expect from us.

AUCloud CEO and managing director Peter Maloney said: “The announcement of the acquisitions marked a significant step in our commitment to enhancing our comprehensive suite of cyber security and secure cloud solutions for our customers and positioned the company on a transformational growth trajectory,” Mr Maloney said.

“This expansion not only broadens AUCloud’s product, revenue and geographic spread but also integrates the unique technologies, skills and expertise of highly skilled providers into our operations. The move is set to enhance AUCloud’s ability to deliver end-to-end cyber security, secure cloud solutions and consulting services to cater to the growing needs of Australian organisations and governments,” Mr Maloney added.

Additionally to Venn, AUCloud has also entered into binding agreements for the acquisition of:

  • PCG Cyber – a cyber security consultancy firm specialising in Australian Government security advice and operations.
  • Arado – is a suite of cloud and managed services, with a strong presence in Queensland. Arado has a customer base in State & Local Government and enterprises accounts across various sectors, including agriculture, industrial, health and resources.

According to Geoff Hughes, Venn's CEO, "This acquisition represents a significant milestone for all organisations involved, as it brings together a wealth of expertise and resources in the field of cybersecurity and cloud solutions."

We look forward to keeping you up to date as we combine the skills and expertise of two leading companies under the AUCloud brand to offer you the most comprehensive managed services, cyber security, and cloud solutions to help drive security and efficiency for your organisation. Merging with AUCloud will make us stronger and better positioned to support your growth and success.

"I am excited for the team at Venn to join forces with AUCloud and about the opportunities that lie ahead to deliver innovative solutions tailored to the unique needs of our customers." Hughes said. 

Read the AUCloud (ASX:SOV) Announcement here.