ICOS Acquires the Cyber Security Distribution Business of CREAplus
Italian security and networking VAD ICOS has acquired the business unit of CREAplus Italia, which deals with the distribution of cyber security solutions, for an undisclosed amount.
This transaction allows ICOS to further strengthen its portfolio of solutions dedicated to data security, integrating in its offer some brands that are of particular interest for the reference context. These include: Cynet, Perception Point, Cryptshare, iStorage, SANS Institute.
"The acquisition of the CREAPlus business unit brings us, in one fell swoop, an extremely interesting package of security solutions, grafting itself onto a phase of rapid growth that has seen our offerings significantly strengthened in the past year", said Federico Marini, CEO of ICOS. "This is a very important transaction for ICOS, as it adds a further piece to the path of consolidating the leading role in cyber security to which we undoubtedly aspire," Marini concluded."
Commenting on the transaction, Michele Barbiero, general manager of CREAplus Italia, said in turn: "we believe this is a very significant transaction. The Cyber sector is characterized by a very strong dynamism and it is fundamental for Vendors in extraordinary growth to be able to count on a Partner strongly focused on Cybersecurity, able to bring an added value to the System Integrator and very solid financially. The solutions that come into the Icos portfolio complete an already outstanding offering by giving further value to the whole proposition. It is therefore an operation that we believe is rewarding for everyone: vendors, distribution and above all for Partners and their Customers."