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Why Is Infotrust Selling Nexgen to Double Down on Cyber Security?
9:08am on Monday 23rd of February, 2026 AEDT
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Technology
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Why Is Infotrust Selling Nexgen to Double Down on Cyber Security?
9:08am on Monday 23rd of February, 2026 AEDT
Key Points
Sale of Nexgen segment to Aussie Broadband for $50 million
Upfront cash of $44.1 million plus contingent consideration up to $5.9 million
Strategic shift to focus exclusively on cyber security services
Withdrawal of FY26 earnings guidance due to changed earnings profile
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