F-Secure acquires MWR InfoSecurity and nearly 400 cyber security specialists
F-Secure has signed a contract for the acquisition of MWR InfoSecurity, a global provider of cyber security services, whose branches are located in Great Britain, the USA, South Africa, Singapore and Poland. The F-Secure portfolio will be enriched, among others, with the Countercept platform, which actively detects attacks, as well as managed services in the field of phishing protection.
The decision is an important step in the implementation of the organization's development strategy and makes F-Secure the largest entity in Europe offering products and services to detect and combat cyber threats.
Industry-recognized technologies used by MWR InfoSecurity, such as Countercept's threat detection platform, will be an ideal complement to our existing solutions. I am very pleased to welcome several hundred experienced employees who provide cyber security services on four continents. Together, we will be able to develop further solutions based on a combination of expert knowledge and capabilities of artificial intelligence and respond to cyber attacks 24/7 to protect our clients more effectively.
- comments Samu Konttinen, the president of F-Secure.
MWR InfoSecurity is one of the world's largest providers of cyber security services, employing almost 400 employees. A team of qualified experts not only uses modern technologies to combat cyber threats, but also tries to understand the way cybercriminals think through regular research.
The innovations that we implement have always been the result of research carried out by our specialists and using modern technologies. Thanks to that, we have gained the trust of the largest organizations in the world. The values that F-Secure believes are very close to us, so we are happy that we will be able to work together and play an important role in the cyber security industry.
- comments Ian Shaw, CEO of MWR InfoSecurity, who will join the F-Secure leadership in July
The transaction is expected to be finalized at the beginning of July 2018. The initial cash contribution of F-Secure for the purchase of all outstanding shares of MWR InfoSecurity Limited will be EUR 91.6 million .
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