NSEIT, an arm of the country’s largest stock bourse NSE. It has acquired cybersecurity company Aujas Networks for an undisclosed sum as it seeks to strengthen the capital markets ecosystem. The transaction comes amid concerns on cyber defences raised by multiple studies and surveys.
“NSE is constantly looking for opportunities to further strengthen and secure the capital market ecosystem. Cybersecurity is key to secure the exchange ecosystem and BFSI,” NSE managing director and chief executive Vikram Limaye.
The firm added that there will be no changes in the management of Aujas Networks. Aujas has 400 employees and 390 global customers who are served from operations in India.