Business
TEGO CYBER ANNOUNCES TRANSFORMATIONAL ACQUISITION TO CREATE AI-NATIVE MANAGED SECURITY PLATFORM WITH OVER $7M IN ANNUAL REVENUE
TEGO CYBER ANNOUNCES TRANSFORMATIONAL ACQUISITION TO CREATE AI-NATIVE MANAGED SECURITY PLATFORM WITH OVER $7M IN ANNUAL REVENUE.
About this update from Tego Cyber Inc.
PRESS RELEASE Tego Cyber Announces Transformational Acquisition to Create AI-Native Managed Security Platform with OVER $7M in Annual Revenue LAS VEGAS, NV – AUGUST 18, 2025 – Tego Cyber Inc. (OTCID: TGCB), a cybersecurity company focused on AI-driven threat intelligence and detection solutions, today announced it has entered into a definitive agreement for the acquisition of the assets of a leading U.S.-based managed security services provider (MSSP). The transaction creates a combined company with over $7 million in annual revenue, a nationwide customer base, and a platform uniquely positioned to capitalize on the $30 billion AI-in-cybersecurity market. The acquired business brings hundreds of managed Security Information and Event Management (SIEM) instances under management, serving enterprises and channel partners across multiple industries. This real-time security telemetry will be integrated with Tego’s proprietary threat correlation and enrichment engine, creating an AI-native MSSP platform operating in live customer environments at scale. “This acquisition is a game-changer for Tego,” said Robert Mikkelsen, CEO of Tego Cyber Inc. “We now have the scale, data, and operational infrastructure to deliver AI-driven threat detection and response in real time, while immediately enhancing our top-line revenue and accelerating our path to profitability.” With the addition of the acquired assets, the combined company will have access to one of the most diverse and robust real-time security datasets in the MSSP sector. The acquisition also supports Tego’s strategic roll-up vision. The Company has previously executed a Letter of Intent (LOI) with an international managed security provider generating approximately $16 million in annual revenue and nearly $8 million in EBITDA. This transaction, when completed, would significantly expand Tego’s global footprint, profitability, and recurring revenue base. A Platform for AI-Powered Cybersecurity The acquired security operations will serve as the foundation for deploying Tego’s proprietary threat correlation technology in combination with advanced Large Language Models (LLMs). This approach enables: • Faster and more accurate threat detection • &nbs...