Announced
Financials
Tags
Private
Majority
Software
SIEM software
Denmark
Acquisition
Cross Border
Friendly
Pending
Private Equity
Single Bidder
Synopsis
Summa Equity, a private equity firm, agreed to acquire a majority stake in Logpoint, a cybersecurity solutions provider. Financial terms were not disclosed. “By taking a majority stake in Logpoint, we are investing in securing the global tech-enabled transformation, which is vital to reaching most of our sustainable development goals. It is an investment in European cybersecurity resilience, ensuring that the technology to secure digital infrastructures thrives in Europe. Logpoint will serve as the platform for building a European cybersecurity powerhouse, as an alternative to the dominating US vendors,” Christian Melby, Summa Equity Partner and CIO.
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