Orange signs an agreement to acquire SecureLink and accelerate its leadership in the European cybersecurity industry
On 7 May 2019, Orange entered into an agreement with Investcorp to acquire 100% of SecureLink on a €515m Enterprise Value basis.
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.”
source orange
Industry: Cyber Security News
Latest Jobs
-
- Security Analyst, End User. Level 1 Service Provider.
- Unknown
- 50000
-
CH7843 Security Analyst, End User. Level 1 Service Provider. £50,000 London Security Analyst needed to join an Level 1 Service Provider. The Security Analyst will be responsible monitoring, configuring, fine tuning and generally improving the security tool capability. Specific experinece with firewall, phishing, AV, vulnerability management, IAM is needed. Specific tools suce as CyberArk, Tripwire are highly desirable. You will be working within a specialist security team reporting to the CISO. Expeirnece working within an end user environment within financial services is highly desirable. Flexible location. This is an exclusive role to DCL Search & Selection. https://calendly.com/chris-holt/arranged-call-with-chris-holt-soc-role-clone
-
- Internal Security Auditor, Level 1 Service Provider (ISO27001)
- London
- Upto 65,000 plus benefits
-
Internal Security Auditor ISO 27001, PCI, needed to join a Cyber team within this expanding Fintech business. The Internal Security Auditor will have end to end responsibility for planning, delivering, remediating any findings etc. Experience working within financial services is highly desirable. This Is a great time to join a newly formed and growing Cyber team within a rapidly expanding fintech, that is taking a major share of its market. We are looking for someone with experience, (but not to be limited to) a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling etc. ISO 22301, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. Experience taking a company through accreditation is highly desirable Experience managing internal stakeholders, technical teams and external third parties essential Flexible working, but with the ability to get into London. This is an exclusive role to DCL Search & Selection.
-
- DevOps Engineer with IdAM
- London
- Upto £80,000 plus benefits
-
We are ooking for an DevOps engineer, idealy with IdAM (identity access Management) experience, this is a senior role for someone that can be the lead hands on person on a project. Your role will be to work on the deployment project implementing the solution into the exsiting application so will be used to connect an applications into mulipe 3rd party appliactions. We Would look at someone who has done DevOps with Security and can cross train into IdaM, but preference would be given to someone with the IdAM experience this is a great opportunity to join a consultancy that work on some truely amazing and differnet solutions
-
- Senior SOC Analyst. Level 3 Palo Alto Wildfire, Rapid 7, Fortify, Splunk.
- Unknown
- 55000
-
REF CH7840 Senior SOC analyst (Palo Alto Wildfire, Rapid 7, Fortify AND Splunk) Flexible location £55,000 + Senior SOC analyst needed (Level 3) that can achieve SC clearance for a permanent role. We are looking for Level 3 SOC Analysts with two or more of the following; Palo Alto Networks Wildfire (#malware) Rapid7 Nexpose Micro Focus Fortify (#automated #applicationsecurity) AND ideally Splunk. The role will include, but not be limited to; managing and handling incidents end to end, supporting and mentoring level 1 / level 2 staff, supporting the SOC manager in the delivery of the SOC roadmap, engaging with the client stakeholders (other technical teams) as and where needed, use case development, advanced search and reporting etc. Flexible location, commutable in the future to London or Birmingham This role will sit within a public sector client so the individual must be able to achieve SC clearance. To arrange a call with Chris Holt use this calendy link https://calendly.com/chris-holt/arranged-call-with-chris-holt-remote-soc-role Chris.Holt@dclsearch.com 07884666351