Business Chief APAC+ANZ Magazine December 2020 | Page 93

TOP 10

DATE OF MERGER 18 / 10 / 2018

05

Temasek & Sygnia

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October 2018 saw Temasek acquire Sygnia for an undisclosed amount – though rumoured to be US $ 250mn – to ramp up its cybersecurity business . “ Cyber , in its current magnitude , is a new domain of technology , a new domain of warfare , and a new domain of business . Companies are today confronted with a level of risk which until lately was the realm of militaries and states . We assist them in balancing this asymmetry with ‘ military grade security ’ – conceptual frameworks , methodologies and technologies built to build resilience and win the battle within their network ,” commented Shachar Levy , CEO of Temasek . businesschief . asia