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New Deal


Announced

Completed

SandboxAQ completed the acquisition of Cryptosense.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Completed

Private

security software

Cross Border

France

Acquisition

Software

Single Bidder

Majority

Synopsis

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SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum tech, completed the acquisition of Cryptosense, a cybersecurity and encryption analysis software company. Financial terms were not disclosed. "Rapid advances in quantum computing and AI challenge the effectiveness and performance of existing cryptography-based cybersecurity solutions. The combined leadership, talent, and expertise that SandboxAQ and Cryptosense bring to the marketplace accelerates the deployment of more effective cryptography solutions to protect the world against the security threats of today and tomorrow. The caliber of the Cryptosense team is recognized throughout the information security community, with the leadership by Graham Steel and Clément Jeanjean. We welcome Cryptosense to the SandboxAQ family and look forward to our continued success as one company," Jack D. Hidary, SandboxAQ CEO.

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