Telecommunications operator Orange acquired SecureLink, a European independent cybersecurity services provider.
The amount of the deal was not disclosed.
With the acquisition, which followed the purchase of SecureData in January 2019, Orange becomes one of the European leaders of cybersecurity with c.1,800 employees, more than €600m PF revenues in 2018 and strong positions in major local markets through its European DNA and a comprehensive cybersecurity services offering.
The combined organization will be able to address the complex security needs of its customers on a global scale, and deliver synergies with the expertise and worldwide presence of Orange Business Services serving more than 3,000 multinational enterprises.
Founded in 2003, SecureLink provides a full range of cybersecurity services includes specialised security consulting, security maintenance and support with 24/7 service desks (SOCs) as well as advanced managed detection and response capabilities (MDR). It is a reseller of security software and hardware solutions, holding more than 1,000 technical or sales accreditations with blue chip security vendors.
The company has over 660 employees and 14 offices in Sweden, Belgium, the Netherlands, the UK, Germany, Denmark and Norway, recorded IFRS revenues of €248m in 2018 and served over 2,100 customers across a broad range of industries.
Following the closing of the deal which is subject to customary closing conditions and expected to complete in late Q2 or in Q3 2019, SecureLink’s senior management – led by Thomas Fetten, Chief Executive Officer – will join the global leadership team and participate in building the operating model for the integrated combined company.