Data security company F-Secure has agreed to buy MWR InfoSecurity in a £80m deal.
The Finnish company, which is known for its anti-virus protection products for consumer and businesses, said the deal would make it the largest European single source of cybersecurity services and detection and response solutions.
MWR InfoSecurity is a cybersecurity company operating globally from its main offices in the UK, the US, South Africa and Singapore. Its threat hunting platform, Countercept, provides proactive attack detection. F-Secure’s portfolio will also be enhanced by MWR InfoSecurity’s suite of managed phishing protection services (phishd) according to the company.
F-Secure CEO Samu Konttinen said, “The acquisition brings MWR InfoSecurity’s industry-renowned technologies to F-Secure making our detection and response offering unrivaled. Their threat hunting platform (Countercept) is one of the most advanced in the market and is an excellent complement to our existing technologies.
“I’m thrilled to welcome MWR InfoSecurity’s employees to F-Secure. With their vast experience and hundreds of experts performing cyber security services on four continents, we will have unparalleled visibility into real-life cyber attacks 24/7. This enables us to detect indicators across an incredible breadth of attacks so we can protect our customers effectively.”
Founded in 1988, F-Secure shields enterprises and consumers against everything from advanced cyberattacks and data breaches to widespread ransomware infections. Its technology combines the power of machine learning with the human expertise of its security labs for a singular approach called Live Security.
“We’ve always relied on research-driven innovations executed by the best people and technology. This approach has earned MWR InfoSecurity the trust of some of the largest organizations in the world,” said MWR InfoSecurity CEO, Ian Shaw who will join F-Secure’s Leadership Team after closing of the transaction in July. “We see this approach thriving at F-Secure, and we look forward to working together so that we can break new ground in the cyber security industry.”
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