Announced
Completed
Financials
Sources
Tags
Switzerland
IT Services: Other
Completed
Cross Border
cybersecurity services
Friendly
Private
Single Bidder
Acquisition
Majority
Synopsis
Orange Cyberdefense, the cybersecurity subsidiary of Orange, completed the acquisition of SCRT and Telsys, two experts in cybersecurity and associated services. Financial terms were not disclosed. "We are delighted with this acquisition and happy to welcome these new teams as they will strengthen all of our capabilities. This is another step forward in our goal to establish ourselves as the European leader in cybersecurity. We are accelerating into the seventh cybersecurity market in Europe and thus consolidating the position of the Orange Group in the Swiss market," Hugues Foulon, Orange Cyberdefense CEO.
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