Terma buys Danish encryption firm Dencrypt for a three-digit million sum

What's the deal? Danish defence company TermaDealroom has a profile for this one. Try Dealroom → has acquired DencryptDealroom has a profile for this one. Try Dealroom →, a small Danish encryption firm with 30 employees, for a three-digit million-kroner sum. Dencrypt spun out of research at the Technical University of DenmarkDealroom has a profile for this one. Try Dealroom →.

What's the endgame? The purchase adds encryption technology to Terma, one of Denmark's largest defence businesses. For Dencrypt's owners, the deal marks a significant payout.

The signal: A large defence player folding in a niche cybersecurity specialist reflects growing demand for secure communications across the defence sector.

Read more: Computerworld

Image credit: Visual Content