Announced

Completed

Total Specific Solutions completed the acquisition of the application security business of Rohde & Schwarz.

Synopsis

Total Specific Solutions, a developer of vertical market software, completed the acquisition of the application security business of Rohde & Schwarz, a provider of standalone products, integrated solutions and managed services for testing and optimizing. Financial terms were not disclosed. "It is a company with high standing in the market and is considered one of the leaders in the French cybersecurity domain. It has a strong market presence, especially in the finance, healthcare, energy, and public sectors, verticals that we have in-depth knowledge of within TSS. In recent years, the threat of security breaches has increased exponentially. Hackers have become very sophisticated, and companies, like our customers in the vertical markets, are more and more exposed to the roll-out of the home office. I am pleased that we have a renowned solution provider in France to keep cybercriminals at bay at our companies and their clients," Dorinda van Oosten, TSS General Manager.

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