Orange armours up with UK cyber security acquisition
Orange has announced the acquisition of cybersecurity business SecureData Group for an undisclosed amount.
It is the largest independent cybersecurity service provider in the UK and has over 200 employees in the UK and South Africa, and recorded annual revenues of circa 50 million euros in 2018 and has enjoyed consistent growth rates of approximately 20 per cent since 2016.
The company will work alongside Orange Cyberdefense’s existing operations in France and Belgium. The envisaged organisation is designed to ensure continuity of SecureData’s commercial and operational autonomy.
“Cybersecurity has become a critical element for both large and small companies as they evolve in an increasing digital-reliant world,” said Hugues Foulon, Executive Director of Strategy and Cybersecurity activities at Orange.
“We are convinced that the combined expertise of Orange Cyberdefense and SecureData will provide a powerful resource for our customers in ensuring the protection of their valuable data.”
Ian Brown, Executive Chairman at SecureData added: “We are both thrilled and excited to be joining the Orange Cyberdefense family. Both organisations share the same vision and aspiration for the cybersecurity market, and have many complementary services and skills.
By being part of Orange we will be able to better serve the international needs of many of our existing customers as well as providing enhanced cyber services to Orange customers with the UK”.