Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Funding/M&A

Orange Acquires Cybersecurity Firm SecureLink

French telecom giant Orange on Tuesday announced that it signed an agreement to acquire Netherlands-based cybersecurity firm SecureLink.

French telecom giant Orange on Tuesday announced that it signed an agreement to acquire Netherlands-based cybersecurity firm SecureLink.

Orange will acquire 100% of SecureLink for an undisclosed amount at a valuation of €515 million ($577 million). As part of the deal, which is expected to be completed in late Q2 or Q3, SecureLink senior management will join Orange’s leadership team.

SecureLink provides a wide range of cybersecurity services, including consulting, managed incident detection and response, and security maintenance and support. Founded in 2003, the company has offices in Northern, Western and Central Europe, over 660 employees, and more than 2,100 customers. For 2018, it reported revenues of €248 million ($277 million).

By acquiring SecureLink, Orange hopes to improve its cybersecurity offering and accelerate its expansion in the European market.

Orange offers cybersecurity services through its Orange Cyberdefense unit, which provides threat intelligence, managed detection and response, and managed security services. This unit reported revenues of €303 million ($339 million) last year.

Earlier this year, Orange announced the acquisition of SecureData Group, the largest independent cybersecurity services provider in the UK.

“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,” said Hugues Foulon, Executive Director of Cybersecurity at Orange.

“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,” Foulon added.

Related: NTT Acquires WhiteHat Security

Related: AT&T to Acquire Threat Management Firm AlienVault

Related: BlackBerry to Acquire Cylance for $1.4 Billion in Cash

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Data Breaches

GoTo said an unidentified threat actor stole encrypted backups and an encryption key for a portion of that data during a 2022 breach.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

Management & Strategy

Tens of cybersecurity companies have announced cutting staff over the past year, in some cases significant portions of their global workforce.

Funding/M&A

Tenable has launched a $25 million venture fund to place bets on early-stage startups in the exposure management space.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Management & Strategy

Microsoft making a multiyear, multibillion dollar investment in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools.

Incident Response

Cygnvs emerges from stealth mode with an incident response platform and $55 million in Series A funding.