Falanx Group.png

ACQUISITION OF SECURESTORM LIMITED

Falanx Group Ltd (“Falanx”, AIM:FLX), the global cyber security and intelligence provider, in line with its strategy of increasing value in the high growth Cyber Security market, is pleased to announce the acquisition of Securestorm Limited.

Mike Read, Chairman and Chief Executive Officer of Falanx, commented:

“The acquisition of Securestorm provides Falanx with a number of exciting opportunities, to both support our growing UK Govt business and expand our footprint in these marquee organisations.  The unique relationship with Amazon Web Services and the introduction of our MidGARD service to a global market place is also very promising. We also welcome Tony Richards to the team, a highly respected and recognised cyber security thought leader who will head our consultancy arm and take up the position of Falanx Group Chief Information Security Officer”

Tony Richards, Founder of Securestorm Ltd, commented:

“The combination of Securestorm with Falanx is a perfect match, enabling the integration of Falanx’s MidGARD and security testing services with Securestorm’s managed security and consultancy services to deliver a stronger portfolio to our customers. I look forward to working with Mike Read and the rest of the team, to expand Falanx’s market share and increase overall growth, utilizing our partnership with AWS, relationships across the public  and tech sectors, and placement on various government procurement frameworks. ”

Read the full report here.

THE SAME BUT BETTER

Securestorm team are pleased to annouce that this announcement means our clients and potential customers get to enjoy the same great level of expertise and services but with added benefit of new portfolio and top range of solutions that arises out of this acquisition. We are now in a position to offer strategic intelligence to penetration testing, red teaming and more as our practice grows.  

 

Comment