Kiteworks acquires Maytech, bolstering UK market presence and secure data transfer capabilities

Kiteworks acquires Maytech, bolstering UK market presence and secure data transfer capabilities

Kiteworks, a leader in data privacy and compliance, has acquired Maytech, a platform offering efficient data file transfer solutions.  This move marks a vital step for Kiteworks in affirming its position in the UK market and broadening its offerings in sensitive content communication.

This acquisition aims to combine the technological strengths and customer bases of both companies. It reinforces Kiteworks’ commitment to the UK market and its focus on managed file transfer (MFT) capabilities. The move is set to foster innovation, leveraging shared resources and expertise.

Kiteworks’ mission revolves around managing risk in sensitive content communications. Their Private Content Network provides governance, compliance, and protection for data handling. This network ensures regulatory compliance and robust security measures across all communication channels.

Since 2006, Maytech has been simplifying data sharing with robust file transfer solutions. Serving various sectors, including government and finance, it provides automated workflows and secure API integration. ISO 27001 certified, Maytech ensures compliance with various data privacy regulations.

The acquisition enables Maytech customers to access Kiteworks’ Private Content Network, enhancing risk management and automated data transfers. Kiteworks’ platform also ensures data privacy and sovereignty, complying with stringent regulations like ISO 27001/27017/27018 and SOC 2 Type II.

Kiteworks boasts advanced security features like AI-enabled anomaly detection and integrated capabilities such as CDR, DLP, and ATP. This hardened virtual appliance will now be available to Maytech customers, along with dedicated 24/7 support operations.

Similarly, Maytech CEO, John Lynch, commented, “Joining forces with the leader in secure content communications represents a tremendous opportunity for Maytech to reinforce our commitment to customers.

“Kiteworks shares our passion for pioneering innovations that safeguard sensitive data. By merging our expertise, we will accelerate our ability to equip customers with cutting-edge solutions that reduce security and compliance risks.”

Keep up with all the latest FinTech news here

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.