(Reuters) – NCC Group, a UK-based global cybersecurity specialist, said on Monday it is exploring various strategic options for its Escode business, including a possible sale. The group comprises two distinct businesses — cyber security and Escode, which specializes in software escrow and verification services. Shares of NCC rose as much as 12% to 157 […]
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UK’s NCC Group explores strategic options for Escode business, including sale
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(Reuters) – NCC Group, a UK-based global cybersecurity specialist, said on Monday it is exploring various strategic options for its Escode business, including a possible sale.
The group comprises two distinct businesses — cyber security and Escode, which specializes in software escrow and verification services.
Shares of NCC rose as much as 12% to 157 pence by 1530 GMT on the London bourse, reaching their highest since December 10, 2024.
The company said no proposals have been received yet and no decision has been made regarding any transaction.
(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Shilpi Majumdar)