Cygna Labs completed the acquisition of Diamond IP from BT.

Cygna Labs, a highly specialized software manufacturer with a focus on providing enterprises worldwide, completed the acquisition of Diamond IP, one of the top three providers of DDI solutions and a critical provider of connectivity, cloud, and security services, from BT, a British multinational telecommunications holding company. Financial terms were not disclosed. "Cygna Labs has hundreds of large-scale enterprise customers relying on its DDI products and services as well as its Active Directory and Cloud Auditing solutions. Many of our customers also face challenges in the area of DDI, automation, and DNS Security. With this acquisition we will be able to help customers using either solution better manage their large-scale hybrid environments, making them more manageable and more secure," Alexander Haecker, Cygna Labs Group CEO.