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All PostsTechData & InsightsDynamics 365Cyber SecurityTheta NewsCure
KidsNewsletterArchive
TechDigitalData & InsightsDynamics 365Continuous ComputingCyber SecurityTheta
NewsCure KidsArchive

AUGUST 8, 2023


THETA ACQUIRES LEADING CYBER SECURITY FIRM CYBERSMART; BROADENS EXPERTISE TO
TACKLE CYBER RISKS FACED BY NZ ORGANISATIONS

By



THETA



WE'RE PLEASED TO ANNOUNCE THETA'S ACQUISITION OF CYBERSMART, A WELL-RESPECTED
TAURANGA-BASED CYBER SECURITY CONSULTANCY. AS THE EVER-EVOLVING LANDSCAPE OF
CYBER THREATS CONTINUES TO CHALLENGE ORGANISATIONS ACROSS NEW ZEALAND, ADDING TO
OUR EXISTING POOL OF TALENTED SECURITY PROFESSIONALS IS A SIGNIFICANT MILESTONE
THAT WILL POSITIVELY IMPACT CUSTOMERS.

Rob Lee, CEO, Theta:

> “Cyber security threats never sleep, and I’m sure that holds true for our
> Theta security team some days! We know that we need the necessary resources
> and expertise to ensure we can continue providing customers with high-quality
> security support. By expanding our team, we’re well-positioned to deliver
> innovative, scalable services while retaining our close customer relationships
> and an agile approach – which is vital in today’s environment.”  

‍

Cybersmart has, over the last seven years, become a trusted local security
consultancy for customers in the Bay of Plenty and nationally. Their expertise
in networking security and strong relationships with Palo Alto Networks and
Juniper Networks significantly boost Theta’s capabilities. Cybersmart’s existing
staff will be welcomed to Theta’s dedicated Cyber Security practice alongside
its portfolio of customers in the communications, energy, local government, and
logistics sectors.  

‍

Stephan van Lieshout, Director/Principal Consultant, Cybersmart:

> “We’re super serious about helping our customers use modern digital tools and
> services securely and with confidence. In the online information environment,
> where modern threats are constantly evolving, this is a challenge that is
> daunting for many businesses. Together with Theta, we’ll be able to help more
> people and businesses across the country overcome their security challenges
> and concerns enabling business success and economic growth.”

‍


Meeting some of the Tauranga team



‍

Theta has been driving technology transformation for Kiwi businesses for over 28
years, with the Cyber Security practice evolving quickly. Now, under the
leadership of Liz Knight, growth is accelerating, with specific focus areas,
including analytics, training, and solutions to support internal IT and security
teams, playing a pivotal role in driving this growth.

‍

Liz Knight, Head of Cyber Security, Theta:

> “We’re extremely fortunate and privileged to have such an experienced, capable
> group of security professionals joining our team. Welcoming a team of experts
> with such an extensive wealth of knowledge, who are so widely respected in the
> industry, enhances our capabilities and potential for growth and innovation.”

‍

Chair Susan Paterson noted:

> “This is Theta’s seventh acquisition over the past 13 years. In addition to
> significant organic growth, it furthers the companies’ goal to consolidate
> locally grown IT companies into a diverse, proudly Kiwi, and highly credible
> world-class IT consultancy.”

‍

Theta’s acquisitions have included Inhouse BI, Prophesy, Designertech, IGA and
Indigo. The acquisition of Cybersmart was made for an undisclosed sum comprising
Theta shares and cash, with the official handover taking place on 7 August 2023.




RELATED POSTS

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APRIL 26, 2022


THETA STRENGTHENS DATA AND INSIGHTS SERVICE OFFERING THROUGH ACQUISITION OF
INHOUSE BI

We're pleased to announce that we have acquired data analytics firm Inhouse BI,
a 20-year veteran of the New Zealand technology scene.

By



THETA

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