Orange Signs an Agreement to Acquire SecureLink and Accelerate Its Leadership in the European Cybersecurity Industry
07 Mayo 2019 - 5:00PM
Business Wire
- Orange announces the signing of an
agreement for the acquisition of 100% of SecureLink on a €515m
Enterprise Value basis.
- With €248m revenues in 2018, SecureLink
is one of the largest independent cybersecurity services providers
in Europe, with a strong presence in the key Nordics, Belgian,
Dutch, German and UK markets.
- Acquisition establishes Orange as a
leader in the European cybersecurity industry, with more than €600m
PF revenues in 2018 and on-the-ground presences in 8 European
countries representing 75% of the market.
On 7 May 2019, Orange entered into an agreement with Investcorp
to acquire 100% of SecureLink on a €515m Enterprise Value
basis.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190507006141/en/
SecureLink, based in the Netherlands, is one of the largest
independent cybersecurity services providers in Europe, with
on-the-ground presences in Sweden, Belgium, the Netherlands, the
UK, Germany, Denmark and Norway. Founded in 2003, SecureLink
provides a full range of cybersecurity services to support its
clients. Its offering includes specialised security consulting,
security maintenance and support with 24/7 service desks (SOCs) as
well as advanced managed detection and response capabilities (MDR).
The group is also a leading value-added reseller of security
software and hardware solutions, holding more than 1,000 technical
or sales accreditations with blue chip security vendors. With over
660 employees and 14 offices, SecureLink recorded IFRS revenues of
€248m in 2018 and served over 2,100 customers across a broad range
of industries.
With this acquisition, 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 unique European DNA and a comprehensive cybersecurity
services offering.
The European cybersecurity market is growing rapidly and Orange
is already a leading player in the French market through Orange
Cyberdefense (€303m revenues in 2018, up 12% vs. 2017). Along with
the acquisition of SecureData in January 2019, this transaction
greatly accelerates Orange’s strategy to become a pan-European
leader in cybersecurity services.
With an extended European footprint and increased capabilities,
the combined organisation will be able to address the growing and
increasingly complex security needs of its customers on a global
scale, and deliver strong synergies with the expertise and
worldwide presence of Orange Business Services serving more than
3,000 multinational enterprises.
SecureLink’s highly respected senior management will join the
global leadership team and participate in building the operating
model for the integrated combined organisation.
The transaction is subject to customary closing conditions and
is expected to complete in late Q2 or in Q3 2019.
“Cybersecurity is a growing priority for companies of all sizes,
and we believe the two most important success factors are Scale and
Proximity. Scale because today's threats are global, complex, and
require matching protection capabilities. Proximity because in the
global IT world, you want a trusted local partner to secure your
most strategic assets. With the acquisition of SecureData and
SecureLink, Orange has the highest scale to anticipate and fend off
attacks, as well as local defense teams in all the main European
markets, positioning the combined organisation as the go-to defense
specialist.” said Hugues Foulon, Executive Director of
Cybersecurity at Orange. “I am looking forward to building the
integrated organisation with Michel [Van Den Berghe, CEO of Orange
Cyberdefense], Thomas Fetten and all the teams”.
Thomas Fetten, Chief Executive Officer at SecureLink, commented
“We have been very impressed by the ambition and successful
development of Orange Cyberdefense over the past few years, and are
very excited to build a pan-European leader of cybersecurity
together. Orange Cyberdefense, SecureData and SecureLink are highly
complementary and share a common vision for the sector, and the
combined organisation will be in a phenomenal position to address
the needs of our customers, partners and employees.”
About Orange
Orange is one of the world’s leading telecommunications
operators with sales of 41 billion euros in 2018 and 149,000
employees worldwide at 31 March 2019, including 90,000 employees in
France. The Group has a total customer base of 264 million
customers worldwide at 31 March 2019, including 204 million mobile
customers and 20 million fixed broadband customers. The Group
is present in 27 countries. Orange is also a leading provider of
global IT and telecommunication services to multinational
companies, under the brand Orange Business Services. In March 2015,
the Group presented its new strategic plan “Essentials2020” which
places customer experience at the heart of its strategy with the
aim of allowing them to benefit fully from the digital universe and
the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New
York Stock Exchange (symbol ORAN).
For more information on the internet and on your mobile:
www.orange.com, www.orange-business.com or to follow us on Twitter:
@orangegrouppr.
Orange and any other Orange product or service names included in
this material are trademarks of Orange or Orange Brand Services
Limited.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190507006141/en/
Press contacts: +33 1 44 44 93 93Nathalie Chevrier ;
nathalie.chevrier@orange.comTom Wright ;
tom.wright@orange.com
Orange (EU:ORA)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Orange (EU:ORA)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024