Announced
Financials
Tags
it security
Domestic
Germany
Private
Acquisition
Software
Pending
Majority
Friendly
Single Bidder
Synopsis
Hornetsecurity, an email cloud security and backup provider, agreed to acquire IT-Seal, a security awareness training company. Financial terms were not disclosed. "We believe IT-Seal is a perfect addition to our portfolio. We always stress the importance of cybersecurity awareness to our partners and customers, and we provide this via informative and educational blog posts, ebooks, webinars and reports. With IT-Seal on board, we will now provide IT security training as part of our package. This enables us to cover all aspects of the awareness-prevention-detection cycle, alongside our established email security and backup and recovery solutions," Daniel Hofmann, Hornetsecurity CEO.
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