NetPlus Telecom completed the acquisition of iThreat Cyber Group.

NetPlus Telecom completed the acquisition of iThreat Cyber Group, a cyber security managed services firm. Financial terms were not disclosed. “We believe the sale to Shorebreak is an excellent outcome that will drive synergies, collaboration, and growth in the years to come in providing industry leading service to our clients. We are excited to see the continued advancement and investment in our team through this partnership. We thank Steve Wasylenko and the entire Falcon organization who were extremely professional throughout this entire process and went above and beyond to achieve the best outcomes for our company, people, clients, and shareholders," Jeff Bedser, iThreat CEO and Shareholder.