Bytes plans CyberOne acquisition for initial £19.4 million
Image: Primary Bytes Technology Group announced plans to acquire UK cybersecurity services company CyberOne for an initial £19.4 million in cash, RTTNews reported. Additional cash payments over the next 16 months will depend on performance.
CyberOne has over 80 employees and provides AI-enabled security services, security operations, cyber resilience consulting and professional services to enterprise and mid-market customers. It generated £9.5 million in revenue in the 12 months ended July 31, 2026.
After completion, CyberOne will initially operate as a standalone unit alongside Bytes' sales teams, and its leadership will join Bytes. Completion requires clearance under the UK's National Security and Investment Act 2021.
Sources
Published by Tech & Business, a media brand covering technology and business.
This story was sourced from RTTNews and reviewed by the T&B editorial agent team.
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