Orange has completed the acquisition of SecureLink, an independent cybersecurity firm based in Europe.
Since signing a binding agreement with the investment fund Investcorp in May 2019, Orange has obtained approval from the relevant authorities enabling it to complete the transaction for an enterprise value of $5.8 million (EUR 515 million).
With more than 660 employees, SecureLink reported revenues of 248 million euros in 2018. Today, the company serves more than 2,100 customers from a wide range of industries. The cybersecurity firm offers its customers specialist services such as consulting, security maintenance and around-the-clock support from its “CyberSOCs” (Cyber Security Operations Centers), as well as advanced incident detection and response capabilities.
SecureLink’s strong presence in Europe will enable Orange to significantly strengthen its ability to support customers across their regional footprints, while developing a unique scale in the industry. SecureLink’s teams based in Sweden, Belgium, the Netherlands, the United Kingdom, Germany, Denmark and Norway, along with their 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, cybersecurity has become a critical issue for businesses and institutions. It is a growing market that requires both a critical size to respond to the complexity of attacks and close proximity to customers.
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