TNT:ASX - TESSERENT LIMITED - 1400% security-as-a-service runner

Another big mover I haven't really paid much attention to. They have been on an acquisition trail and now claim to be Australia’s #1 ASX-listed cybersecurity firm. Its having a bit of trouble getting through resistance at 27 cents. Speccy that could be worth a watch.

From their "about us" - tesserent.com/about/

Tesserent provides a comprehensive suite of products and services to keep our customer’s networks secure. We do this by providing world-class perimeter protection, internal monitoring and alerts, secure internet connectivity and co-location.

Network Perimeter Security
Utilising Palo Alto's next-generation firewall and Tesserent's proprietary Firewall we provide a world-class managed security service to suit the needs of each individual customer.

Internal Network Security
SIEMplicity is Tesserent's Managed Security Information and Event Management service. SIEMplicity, powered by AlienVault's Unified Security Management (USM) architecture identifies threats within the network, allowing Tesserent to halt internal threats in their infancy.

Tesserent's 24/7/365 response from our team of security experts ensure your network is protected when you're at work and more importantly, when you're not.

Internet Connectivity
Tesserent provides high speed, secure internet connectivity to single and multi-site networks.

Utilising leading technology, including SD-WAN, we are able to provide your business with a cutting-edge network design and infrastructure.

Data Storage - Colocation
Tesserent has Secure co-location facilities at Australia’s leading and most secure co-location data centres.

Tesserent Limited (ASX:TNT)
Tesserent, Australia’s largest ASX listed cybersecurity provider, is on track to deliver on our strategy to provide clients with a full suite of cybersecurity services: Cyber 360.

April 2019, saw the acquisition of Melbourne-based Rivium who specialise in consulting, implementation and managed services for the enterprise security solution Splunk.

The acquisition of PS&C Security (now known as Pure Security) was announced in October 2019 complementing the Tesserent offerings with penetration testing, secure application development and security advisory services.

Canberra-based north joined the TNT group in December 2019 bringing expertise in cybersecurity, governance, risk and compliance (GRC), project management and DevSecOps and digital transformation. north also bring extensive experience working with government.

Mid 2020 saw Seer Security join the the group, making Tesserent the largest cybersecurity provider in Canberra. Seer Security provides specialist high security services and delivery capabilities to Australian Federal Government departments and agencies including Defence and Law Enforcement.

In August 2020 we welcomed airloom and Ludus to the Tesserent group. As a Sydney-based cybersecurity firm, airloom strengthens Tesserent's national footprint, bringing with it a focus on security architecture and supporting organisations to secure their journey to the cloud. Ludus rounds out Tesserent’s standing as the largest end-to-end cybersecurity services provider in the Canberra market.

Comment:

Broke through upper BB and resistance on volume. Looking to re-enter. Might need to re-test, but bands are starting to widen and currently has 588 buyers for 19,270,245 units vs 207 sellers for 9,293,792 units so demand is on our side.

Comment:

Nice gain on the bolly break out of that 27cents resistance area.

Comment:

Up another 5% today on a down ASX.