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Tesserent acquires Beyond Binary

Melbourne, Australia - Tesserent Limited (ASX:TNT) (Tesserent) is pleased to announce the strategic acquisition of Beyond Binary Pty Ltd, a firm specialising in the provision of security related services, including penetration testing, red team

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Thales Proposes to Acquire Tesserent, Expanding its Global Cybersecurity Leadership

Thales proposes to acquire Tesserent in a recommended transaction expanding its global cybersecurity leadership

Tesserent Limited ASX TNT and Thales Euronext Paris HO are pleased to announce that they have entered into a binding Scheme Implementation Deed SID under which it is proposed that Thales will acquire 100 of the shares in Tesserent by way of a Scheme of Arrangement for A0.13 per ordinary share in cash valuing Tesserents equity at A176m circa 107 million1.

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