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Telecoms giant completes €515m cyber security acquisition

I have a partner agreement via Cymmetria with SecureLink Germany so now find myself figuring out how to deal with Orange, which I left in 2014. Circle of Life time…:

Orange has completed a big-money takeover of cyber security firm SecureLink.

The telecoms giant has acquired 100 per cent of SecureLink on a €515m enterprise value basis.

The transaction is expected to complete in late Q2 or in Q3 of this year.

With €248m revenues in 2018 and 660 employees, Netherlands-based SecureLink is one of the largest independent cyber security services providers in Europe, with on-the-ground presences in the UK, Sweden, Belgium, the Netherlands, Germany, Denmark and Norway.

Founded in 2003, it offers specialised security consulting, security maintenance and support as well as advanced managed detection and response.

The group is also a leading value-added reseller of security software and hardware solutions, holding more than 1,000 technical or sales accreditations with blue chip security vendors.

Orange claims it is now one of the European leaders of cyber security with 1,800 employees, more than €600m revenues and strong positions in major local markets.

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Original article here

Peter Glock
Over 30 years of designing, building and managing telecoms and IT services. Primarily working with large enterprise and professional services businesses in Asia, North America, continental Europe and the UK. Information security professional, secret physics nerd.
https://brownglock.com

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