Singapore telecoms firm StarHub will acquire the remaining shares of Accel Systems & Technologies for no more than SGD26.22 m ( $ 18.9 m ) . Majority @ StarHub is purchasing 29.4 % of the cloud - security portfolio in July in the two - stage cash deal and will acquire the final shares by Q1 2020 . The purchase is part of StarHub 's move to offer a full range of cyber - security products and services , with the introduction of new cyber - security , IoT and smart retail solutions .
Singapore telecoms firm StarHub will acquire the remaining shares of Accel Systems & Technologies for no more than SGD26.22m ($18.9m). Majority shareholder StarHub is purchasing 29.4% of the cyber-security provider in July in the two-stage cash deal and will acquire the final tranche by Q1 2020. The purchase forms part of StarHub's move to offer a full range of cyber-security products and services, with the introduction of new cyber-security, IoT and smart retail solutions.