Sword Group
Luxembourg-based Sword Group is buying Scottish MSP Ping Network Solutions.
Sword Group described Ping as “an award-winning network and security systems integrator and managed service provider.” The company has a revenue forecast of about €13 million for 2022.
Sword didn’t say how much it’s paying for Ping. Last month the company sold its Governance, Risk and Compliance (GRC) business to Riskonnect. This would enable its net cash position to “grow very significantly” and allow the financing of new acquisitions.
Discover how much Sword posted in revenues.
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