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New Deal


Announced

Completed

Orange Cyberdefense completed the acquisition of SCRT and Telsys.

Financials

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

Tags

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Switzerland

IT Services: Other

Completed

Cross Border

cybersecurity services

Friendly

Private

Single Bidder

Acquisition

Majority

Synopsis

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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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