IT security specialist Secure Logic has sold its managed services business to ASX-listed security services firm Tesserent for $10.75 million and 42 million shares. The deal will bolster Tesserent’s Government division and provide access to a 24x7 security operations centre in Sydney. Secure Logic has existing relationships with the New South Wales Government and a number of Federal Government departments and agencies. It also has some international and domestic corporate and financial institutions as customers. “I welcome Secure Logic to the Tesserent group, strengthening our position as the leading provider of Government-focused cybersecurity solutions and services in Australia and New Zealand,” Tesserent chairman Geoff Lord said.