Orange completes 515 million Euros acquisition of SecureLink to reinforce cyber security operations in Europe

Orange has completed the acquisition of 100% of SecureLink, the leading independent cyber security player in Europe. Since signing a binding agreement with the investment fund Investcorp back in May, Orange has obtained approval from the relevant authorities enabling the business to complete the transaction for an enterprise value of 515 million Euros.

With more than 660 employees, SecureLink reported revenues of 248 million Euros in 2018. The company serves more than 2,100 customers from a wide range of industries. SecureLink offers its customers specialist services in cyber security consulting, security maintenance and around-the-clock support from its Cyber Security Operations Centres (CyberSOCs), as well as advanced incident detection and response capabilities.

Thanks to SecureLink’s strong presence in Europe, Orange is significantly strengthening its ability to support customers across their regional footprints, while also developing a unique scale in the industry.

OrangeSecureLinkDealFINAL

SecureLink’s teams based in Sweden, Belgium, the Netherlands, the UK, Germany, Denmark and Norway, along with its four CyberSOCs, represent a key asset for Orange Cyberdefense in its ambition to become the European leader in this market, where ensuring a local presence is now essential for customers.

In the face of increasingly sophisticated and global threats, cyber security has become a critical issue for businesses and institutions. It’s a growing market that requires both a critical size to respond to the complexity of attacks and close proximity to customers.

Orange reported more than 600 million Euros in pro forma sales in 2018 and boasts over 2,100 cyber security experts within its ranks.

Advertisements

Leave a comment

Filed under Risk Xtra

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s