Market Mergers and Acquisitions News

Asseco strengthens the area of cybersecurity

cybersecurity

As Asseco sees the potential in the market of cybersecurity services, it strengthens its competence in this area. Recently, the company has acquired a majority stake in ComCERT, with which it will launch, among others, “Cyber Defense Africa” in the Togolese Republic.

Asseco invests in the area of cybersecurity

The Asseco Poland Group informed that it purchased 69.01% of shares in ComCERT. The acquired company is engaged in the provision of cybersecurity services, including security monitoring and detection of ICT threats. Owing to this transaction, Asseco will expand and strengthen its competence in the area of cybersecurity consultancy and will strengthen its position in this market segment.

Competence development not only on the domestic market

The incorporation of ComCERT into the Asseco Group is related to dynamic development in the area of cybersecurity as well as an increase in the dynamics of revenues from this sector. In 2018, the company’s revenues from this area reached PLN 80m. The company sees increased interest in security not only on the domestic market, but also abroad, mainly in Africa. In March this year, it was announced that Asseco Data Systems (ADS), in cooperation with Asseco Poland and ComCERT, will launch “Cyber Defense Africa” – the first institution responsible for cybersecurity in Togo. This cooperation will be carried out as part of a joint venture that ADS has established together with the Togolese government. The new organisation will be operational from the beginning of 2020 at an investment cost of approximately € 14m.

ComCERT: adviser on CERT services

ComCERT is the first consulting company in Poland, specializing in services of CERT (Computer Emergency Response Team) type for companies and institutions, not connected with any telecommunication operator. ComCERT experts analyze vulnerabilities to hacker attacks in clients’ systems, support them during the incident and analyze the status of systems after the event. At the crossroads of these three services, Security Operations Center teams at customers’ sites also develop – not only actively, helping to maintain a high level of network security, but also broadening their competences.

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