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LevelBlue’s acquisition of Trustwave marks a significant step in the evolution of the managed security services market. The companies aim to form a global pure-play MSSP powerhouse, with over $1 billion in annual revenue, 2,000+ employees, and a customer base exceeding 30,000 organizations.

AT&T and WillJam Ventures , a private equity (PE) investor, announced today the creation of LevelBlue , a   joint venture to form a new,...