Orange is set to buy SecureLink, a cybersecurity service provider in Europe, in a deal valued the company at €515 million.
SecureLink, which has a strong presence in the key Nordics, Belgian, Dutch, German and UK markets, reported €248 million revenues in 2018.
The acquisition of SecureLink, based in the Netherlands, establishes Orange as a leader in the European cybersecurity industry, with more than €600 million PF revenues in 2018 and on-the-ground presences in 8 European countries representing 75 percent of the market.
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 managed detection and response capabilities.
The group is 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.
SecureLink has over 660 employees, 14 offices and served over 2,100 customers across a broad range of industries.
Orange is already a leading player in France through Orange Cyberdefense with €303 million revenues in 2018.
“With the acquisition of SecureData and SecureLink, Orange has the 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.