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2026
Bytes Technology Group announces £19.4m acquisition of CyberOne
Bytes Technology Group announced the acquisition of UK cybersecurity services provider CyberOne for £19.4m, funded entirely from Bytes' existing cash resources with further contingent cash payments over the next 16 months depending on performance. CyberOne, established in 2005, generated revenue of £9.5m in the 12 months ended July. Completion is subject to regulatory clearance and the acquisition is expected to complete by the end of October 2026.