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Orange Signs an Agreement to Acquire SecureLink and Accelerate Its Leadership in the European Cybersecurity Industry
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Orange announces the signing of an agreement for the acquisition of
100% of SecureLink on a €515m Enterprise Value basis. -
With €248m revenues in 2018, SecureLink is one of the largest
independent cybersecurity services providers in Europe, with a strong
presence in the key Nordics, Belgian, Dutch, German and UK markets. -
Acquisition establishes Orange as a leader in the European
cybersecurity industry, with more than €600m PF revenues in 2018 and
on-the-ground presences in 8 European countries representing 75% of
the market.
PARIS–(BUSINESS WIRE)–On 7 May 2019, Orange entered into an agreement with Investcorp to
acquire 100% of SecureLink
on a €515m Enterprise Value basis.
SecureLink, based in the Netherlands, is one of the largest independent
cybersecurity services providers in Europe, with on-the-ground presences
in Sweden, Belgium, the Netherlands, the UK, Germany, Denmark and
Norway. 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 advanced managed detection and
response capabilities (MDR). The group is also 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.
With over 660 employees and 14 offices, SecureLink recorded IFRS
revenues of €248m in 2018 and served over 2,100 customers across a broad
range of industries.
With this acquisition, Orange becomes one of the European leaders of
cybersecurity with c.1,800 employees, more than €600m PF revenues in
2018 and strong positions in major local markets through its unique
European DNA and a comprehensive cybersecurity services offering.
The European cybersecurity market is growing rapidly and Orange is
already a leading player in the French market through Orange
Cyberdefense (€303m revenues in 2018, up 12% vs. 2017). Along with the
acquisition of SecureData in January 2019, this transaction greatly
accelerates Orange’s strategy to become a pan-European leader in
cybersecurity services.
With an extended European footprint and increased capabilities, the
combined organisation will be able to address the growing and
increasingly complex security needs of its customers on a global scale,
and deliver strong synergies with the expertise and worldwide presence
of Orange Business Services serving more than 3,000 multinational
enterprises.
SecureLink’s highly respected senior management will join the global
leadership team and participate in building the operating model for the
integrated combined organisation.
The transaction is subject to customary closing conditions and is
expected to complete in late Q2 or in Q3 2019.
“Cybersecurity is a growing priority for companies of all sizes, and
we believe the two most important success factors are Scale and
Proximity. Scale because today’s threats are global, complex, and
require matching protection capabilities. Proximity because in the
global IT world, you want a trusted local partner to secure your most
strategic assets. With the acquisition of SecureData and SecureLink,
Orange has the highest 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. “I am looking
forward to building the integrated organisation with Michel [Van Den
Berghe, CEO of Orange Cyberdefense], Thomas Fetten and all the teams”.
Thomas Fetten, Chief Executive Officer at SecureLink, commented “We
have been very impressed by the ambition and successful development of
Orange Cyberdefense over the past few years, and are very excited to
build a pan-European leader of cybersecurity together. Orange
Cyberdefense, SecureData and SecureLink are highly complementary and
share a common vision for the sector, and the combined organisation will
be in a phenomenal position to address the needs of our customers,
partners and employees.”
About Orange
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).
For more information on the internet and on your mobile: www.orange.com,
www.orange-business.com
or to follow us on Twitter: @orangegrouppr.
Orange and any other Orange product or service names included in this
material are trademarks of Orange or Orange Brand Services Limited.
Contacts
Press contacts: +33 1 44 44 93 93
Nathalie Chevrier ; [email protected]
Tom
Wright ; [email protected]
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Cannabis
Sannabis, Inc. (OTC: USPS) Announces First Shipment of Cannabis Essential Oil from Colombia to U.S. to Fill First Order, as the DEA Re-Classifies Marijuana from Schedule I to Schedule III
Humboldt
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace
Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.
Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.
“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”
Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”
About Humboldt Seed Company
Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.
For more information visit https://humboldtseedcompany.com/.
About Apollo Green
Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics.
For more information visit https://apollogreen.com/.
Media contact
Jaana Prall
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/humboldt-seed-company-partners-with-apollo-green-to-bring-california-cannabis-genetics-to-the-global-marketplace-302131618.html
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