** Shares of AUCyber CYB.AX rise 16% to A$0.145, posting its strongest jump since Dec. 24

** Tech co hits highest level since Jan. 15

** Co gets higher takeover offer from digital services co 5G Networks 5GN.AX to acquire all shares of AUCyber

** 5G Networks increases its offer price to 13.5 Australian cents per share from 11 AU cents each

** Revised offer price values AUCyber at A$22.1 mln ($13.84 mln)

** Shares of 5G Networks were largely unchanged at A$0.165

** AUCyber down 16.7% this year, as of last close, while 5GN is down 2.9%

($1 = 1.5969 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com))