Free Newsletters for the Channel
Register for Your Free Newsletter Now
Managed Security Services Acquistion: Integralis Buys Secode
Integralis, which specializes in IT security and risk management solutions, has acquired Secode AB from NTT Communications. The deal potentially empowers Integralis to push deeper into the Nordic region, where Secode promotes managed security services.
1 Min Read
acquisition
Integralis, which specializes in IT security and risk management solutions, has acquired Secode AB from NTT Communications. The deal potentially empowers Integralis to push deeper into the Nordic region, where Secode promotes managed security services. But ultimately, it sounds like NTT is still calling the shots at Integralis and Secode AB. Here’s why.According to terms of the transaction:
“NTT Com has transferred its 88% shareholding in Secode to Integralis giving Integralis 100% ownership of Secode. In exchange NTT Com receives additional shares in Integralis taking its overall shareholder stake in Integralis to more than 78%.”
Translation: NTT appears to have majority control of Integralis, and Secode has simply been shifted from NTT’s banner to the Integralis banner. Or am I missing something?
Either way, it looks like NTT is seeking to strengthen synergies between Integralis and Secode, which have a longstanding business relationship. Secode AB focuses mostly on Sweden, Norway, Finland and The Netherlands. It sounds like Secode will now promote Integralis’s products and services into those core markets.
About the Author
You May Also Like
Mar 24 - Mar 27, 2025
Mar 24 - Mar 27, 2025
The Channel Partners Conference & Expo, co-located with MSP Summit, is the gathering place for the technology services community. Agents, VARs, MSPs, integrators and service providers will converge to share ideas and drive discussion on the topics shaping our industry.
REGISTER NOW