Tuesday, August 10, 2010

NTT Com to Acquire Secode AB for Managed Security in No. Europe

NTT Communications will acquire Secode AB, a leading provider of managed-security and security-consulting services in Nordic countries, for an undisclosed sum.


Secode provides managed-security and security-consulting services across northern Europe. The company offers 24/7 services for intrusion detection and prevention, log management, vulnerability analysis, data-loss prevention, anti-virus and anti-spam, managed VPN/firewall and mobile security. In addition to its two SOCs, it operates support desks in local languages in Finland and the Netherlands. Secode also manages a specialized team for conducting tests and audits, as well as its staff of consultants who offer a wide range of professional security services. Secode has about 90 employees. Following the acquisition, Secode will operate as a wholly owned subsidiary led by Trygve Reinertsen, Secode's current CEO.


NTT Com said the acquisition will help it to capitalize on the growing needs for managed-security services among multinational companies, who are increasingly outsourcing security management to professionals due to the difficulties of nurturing qualified engineers and ensuring 24/7 readiness against constantly evolving security threats.In addition, it will fold Secode's security operation centers (SOCs) in Sweden and Norway into its existing group of SOCs in Japan, Germany, Singapore and the U.S., the latter three of which were added in October 2009 when NTT Com acquired a majority stake in Integralis AG in Germany.
http://www.ntt.co.jphttp://www.secode.com/

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