Announced
Synopsis
secunet, a German provider of high-quality IT security, agreed to acquire stashcat, a developer of a communication platform designed to secure messenger for companies and authorities, from heinekingmedia, a developer of modern screen communication and professional secure messaging, and Verlagsgesellschaft Madsac, a company that publishes, edits, and produces advertising and newspapers. Financial terms were not disclosed. "It is hard to imagine our everyday life without messenger apps. In contrast to other messengers, stashcat clearly focuses on security and data protection - this is an excellent match for secunet's requirements and those of our customers. With the acquisition of stashcat, we are creating an additional offering for secure and flexible communication and collaboration in companies, administration and security authorities such as the police," Axel Deininger, secunet CEO.
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