Orange completes the acquisition of SecureLink, reinforcing its cybersecurity operations in Europe
Orange announces today that it has completed the acquisition of 100% of SecureLink, the leading independent cybersecurity player in Europe. Since signing a binding agreement with the investment fund Investcorp in May 2019, Orange has obtained approval from the relevant authorities enabling it to complete the transaction for an enterprise value of 515 million euros.
With more than 660 employees, SecureLink reported revenues of 248 million euros in 2018. Today, the company serves more than 2,100 customers from a wide range of industries. SecureLink offers its customers specialist services in cybersecurity consulting, security maintenance and around-the-clock support from its “CyberSOCs” (Cyber Security Operations Centers), as well as advanced incident detection and response capabilities.
Thanks to SecureLink’s strong presence in Europe, Orange is significantly strengthening its ability to support customers across their regional footprints, while developing a unique scale in the industry. SecureLink’s teams based in Sweden, Belgium, the Netherlands, the United Kingdom, Germany, Denmark and Norway, along with their four CyberSOCs, represent a key asset for Orange Cyberdefense in its ambition to become the European leader in this market, where ensuring a local presence is now essential for customers.
In the face of increasingly sophisticated and global threats, cybersecurity has become a critical issue for businesses and institutions. It is a growing market that requires both a critical size to respond to the complexity of attacks and close proximity to customers. This new acquisition positions Orange as the industry leader in Europe, with more than 600 million euros in pro forma sales in 2018 and more than 2,100 cyber security experts.
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2018 and 149,000 employees worldwide at 31 March 2019, including 90,000 employees in France. The Group has a total customer base of 264 million customers worldwide at 31 March 2019, including 204 million mobile customers and 20 million fixed broadband customers. The Group is present in 27 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.
Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).
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