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News & Articles

05 Sep 2018

StarHub and Temasek Wholly-owned Subsidiary to Form One of Asia’s Largest Cyber Security Companies

Singapore, 5 September 2018 – StarHub Ltd today announced an agreement with Leone Investments Pte. Ltd. to form a joint venture company. Leone is an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited. Branded Ensign InfoSecurity Pte. Ltd. (Ensign), the new entity will merge StarHub’s Cyber Security Centre of Excellence, its subsidiary Accel Systems & Technologies Pte. Ltd. (ASTL) and Temasek-owned Quann, to form one of the largest cyber security companies in Asia. ASTL is a cyber security systems integrator specialising in the provision of security solutions, consulting and managed security services. Quann is a leading regional cyber security services provider with an extensive Asian footprint. Harnessing their capabilities to deliver end-to-end cyber security solutions to organisations in Singapore and overseas markets, Ensign will become the only Singapore-based pure play cyber security company with end-to-end capabilities comprising Professional Services, Systems Integration and Managed Security Services. In addition, its unique telco-centric and network-based security monitoring capabilities will be critical to providing enhanced security for enterprises and critical infrastructure. Mr Peter Kaliaropoulos, Chief Executive Officer of StarHub Ltd, said, “We established the StarHub Cyber Security Centre of Excellence two years ago to develop advanced cyber security solutions, and attract talented professionals and expert knowledge from other companies including ASTL, to such ecosystem. Ensign is a natural progression in creating scale and depth of expertise to address the multitude of cyber security risks facing Government and Enterprise clients in Singapore and overseas.” The newly formed Ensign team will have a talent pool of approximately 500 analysts, consultants and researchers. They will be based out of Ensign’s corporate headquarters in Singapore, where enhanced Security Operations Centres are also located. Ensign will initially support Government and Enterprise customers and generate revenues in excess of $100 million annually in cyber security solutions, systems integration and managed services. Mr Kaliaropoulos added, “StarHub will provide unrivalled support to ensure that Ensign swiftly optimises operations, accelerates its growth and advances its expertise to become the cyber security company of reference across Asia.” In addition to transferring 100% of ASTL, and its other cyber security assets, StarHub will pay $36 million in cash for its stake in the joint venture company. This amount will be funded using internal cash resources. The transaction is expected to close by October 2018, subject to the fulfilment of mutually-agreed conditions.  
24 Aug 2018

Corporate Social Responsibility (CSR) at Thye Hua Kwan Senior Activity Centre

On the 24th August 2018, as part of our Corporate Social Responsibility (CSR) efforts in giving back to the society, Accel collaborated with a non-profit organisation, Food Bank Singapore, to carry out a food bundle packing and distribution drive.   Under its Joy in Every Bundle Campaign, Accel packed and distributed a total of 450 food bundles to the beneficiaries at Thye Hua Kwan Senior Activity Centre. Through the packing and distribution of the bundles, our people had the chance to interact with colleagues from various departments which helped to forge a stronger bond as a company. This also boosts our team morale and connects our people to the world around them outside of their usual work routine. Accel believes that it is important to do good through business and we encourage our people to be involved in such efforts collectively as a company
06 Mar 2018

Accel is honoured to receive the FireEye Strategic Contribution Partner Award at the 2018 FireEye Partner Momentum held in Singapore.

Accel is honoured to receive the FireEye Strategic Contribution Partner Award at the 2018 FireEye Partner Momentum held in Singapore. Accel works closely with FireEye to develop and execute end-to-end solutions designed to address cyber-security challenges in specific market segments.
23 Jan 2018

StarHub Ltd announced an agreement to acquire a stake in Accel Systems & Technologies Pte. Ltd.

"Singapore, 26 May 2017 – StarHub Ltd announced an agreement to acquire a stake in Accel Systems & Technologies Pte. Ltd. The proposed acquisition will strengthen StarHub’s cyber security portfolio, giving it the in-house capabilities to be an end-to-end provider of cyber security solutions and services.   Accel is a cyber security systems integrator specialising in the provision of security solutions, consulting and managed security services. An established name in the cyber security sector, Accel services a wide range of local and multinational clients including government agencies. Having been recognised two years in a row in the Fastest Growing 50 list of companies in Singapore, it is leading the development of the cyber security ecosystem in Singapore with partnerships with global security companies and its involvement in government initiatives such as Cyber Security Associates and Technologists programme.   Mr Tan Tong Hai, Chief Executive Officer of StarHub, said: “Singapore’s growing status as a Smart Nation underscores the importance of cyber security in today’s digital economy. With Accel, we will be able to offer the full spectrum of cyber security solutions, making us well placed to meet this demand. Furthermore, the unique combination of Accel’s end-to-end cyber security solutions and our telco-centric, network-based capabilities will make us one of the few providers who can offer customers integrated cyber security solutions specially tailored to their needs.”   Ms Tammie Tham, Chief Executive Officer of Accel, said, “Accel has a strong track record in cyber security solutioning and systems integration. We believe that joining forces with StarHub, a fully integrated info-communications company with its own Cyber Security Centre of Excellence (COE), will allow us to further build on our existing competencies to offer a strengthened value proposition to our customers.”   Following the acquisition of Accel, StarHub will expand the internal research and development abilities of its COE to develop and localise advanced cyber security solutions. StarHub will also continue to work with its existing key partners to deliver services such as Cyber Threat Monitoring, Internet Clean Pipe and Unified Threat Management.   Accel will operate as a standalone StarHub subsidiary and continue to be led by its current management team. In addition, its offerings will now be enhanced by StarHub’s cyber security COE."   Source: http://www.starhub.com/about-us/newsroom/2017/may/starhub-to-acquire-51--stake-in-accel-systems---technologies.html