Vodafone NZ buys 60% stake in NZ cybersecurity firm

Vodafone NZ said the deal shows it is committed to the needs of business customers. (Image: Deposit Photos)

Fri, 25 Feb 2022

Infratil-owned Vodafone NZ says it has signed a conditional agreement to acquire a 60% majority stake in cybersecurity firm Defend Limited.Defend will retain its current staff and structure and build on its current partnership with Vodafone, Vodafone said in a statement. The telco did not disclose the value of the deal. “The investment in Defend represents a continuation of Vodafone’s commitment to the needs of our business customers,” said Lindsay Zwart, Vodafone NZ’s enterprise director.“Cybercrime is a grow...

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