The chief executive of the aggressively acquisitive CyberCX says...

The chief executive of the aggressively acquisitive CyberCX says it is delivering on its plan to become a force in the booming cyber security sector and is poised to make the company’s 16th and 17th acquisitions, after only being formed a year ago.

The company’s ranks are set to swell to more than 600 people, as it looks likely to make a bid for cloud security specialists Cloudten and identity management experts Decipher Works from ASX- listed Vortiv, understood to be worth a combined $25 million.

The deal is possible as CyberCX is supported by the deep pockets of private equity player BGH Capital. It was initially born through the union of 12 niche cyber security players, with the intention of forming one large end-to-end cyber security business, capable of doing everything from consulting to building its own solutions, or penetration testing.