Telecom operator Orange announced the acquisition of SecureData Group, a cybersecurity service provider, for an undisclosed amount.
The UK-based SecureData, one of the leading cybersecurity service providers, posted annual revenues of nearly 50 million euros in 2018 and has achieved 20 percent growth rate since 2016.
SecureData has 200 plus employees in the UK and South Africa. Ian Brown is the executive chairman at SecureData.
SecureData will help reinforce Orange’s strategic position in cyberdefense by bringing a new source of expertise and innovative technology. SecureData has an advanced cyber-SOC (Security Operations Center) in the UK.
The acquisition will reinforce Orange Cyberdefense’s international reach by building upon the existing network of nine cyber-SOCs dedicated to monitoring and responding to security breaches on behalf of its customers.
By working alongside Orange Cyberdefense’s operations in France and Belgium, SecureData will ensure its development by leveraging access to Orange Business Services’ existing sales force and its customer base of over 3,000 multinational companies.
“We will progressively co-build together the operational and commercial synergies, with the experience of Michel Van Den Berghe, CEO of Orange Cyberdefense,” said Hugues Foulon, executive director of Strategy and Cybersecurity activities at Orange.