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Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75 -0.4% 188.75 188.45 188.55 190.10 186.60 187.20 27,112,939 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Fixed Line Telecommunications 21,331.0 1,804.0 14.8 12.8 18,719

BT Group Invests in Silicon Valley Cybersecurity Startup Safe Security

21/07/2021 11:49am

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By Adria Calatayud

 

BT Group PLC said Wednesday that it has made a multimillion-pound investment in Safe Security, a Silicon Valley cybersecurity startup.

The U.K. telecommunications group said it will be granted rights to use and sell the Palo Alto-headquartered startup's SAFE platform to businesses and public-sector bodies in the U.K. The platform helps organizations to evaluate their cybersecurity risks, BT said.

The two companies will also collaborate to develop future products, BT said.

BT Security Managing Director Kevin Brown told CNBC that the U.K. company is leading a $33 million funding round in Safe Security.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

July 21, 2021 06:42 ET (10:42 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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