EveryCloud acquired by German distribution partner
EveryCloud has been acquired by its German distribution partner.
The London email security provider was snapped up by Hornetsecurity.
The move marks another significant expansion for Germany-based Hornetsecurity, after acquiring Avira's spam filter division in 2018 and the takeover of Spanish market leader Spamina in January 2019.
Since its launch in 2009, EveryCloud has served as Hornetsecurity's local representative in the UK and US and gained a significant market share in the email security segment.
Under the new arrangement, EveryCloud's 9,000 customers and over 400 resellers worldwide will also have access to Hornetsecurity's services.
"Thanks to our combined strengths, EveryCloud customers can expect even more wide-ranging products, services and benefits," Hornetsecurity CEO Daniel Hoffman said.
"This deal has been designed so EveryCloud customers and partners will simply continue using the same platform they've always used while being exposed to Hornetsecurity's tremendous product suite."
EveryCloud's team will remain in place and CEO Graham O'Reilly will take over new responsibilities for the US and UK markets within the Hornetsecurity group.
"Joining forces means we can aim higher than ever in our markets by leveraging Hornetsecurity's resources and scale, plus get even closer to the product offering," O'Reilly said.
For Hornetsecurity, the acquisition means its European footprint will grow even larger and the company will be able to broaden its efforts in North America, allowing it to compete more effectively in the competitive email security services sector.
"EveryCloud has successfully competed against large competitors in the English-speaking markets and has become an established brand," Hornetsecurity COO Daniel Blank said.
"We will build on this success and experience, continuing to invest in these markets and thus further accelerate growth.”