Announced

Securitas to acquire Liferaft.

Synopsis

Securitas, a security services, monitoring, consulting and investigation group, agreed to acquire Liferaft, a SaaS threat intelligence platform provider. Financial terms are not disclosed. "The acquisition creates significant opportunities to apply Liferaft's threat-intelligence capabilities and proprietary IP across our client base. It also contributes to the development of a more scalable Securitas and strengthens the growth of our high-margin recurring monthly revenue business, which today exceeds BSEK 1," Magnus Ahlqvist, Securitas President and CEO.

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