AT&T announced an agreement to create a standalone managed cybersecurity services business.
In a release, the telco also announced a capital investment in that business from WillJam Ventures, a Chicago-based investor with cybersecurity industry and leadership experience.
The new cybersecurity joint venture will hold select security software solutions, associated managed security operations and security consulting resources. AT&T will retain an ownership stake and board representation in the new entity, the company said.
