Former UK mobile network Orange has completed its takeover of Lexsi, a European cyber security firm which specialises in ‘threat intelligence services’. The acquisition means that the business will become part of the Orange Business Services division.
Orange Business Services has its own IT security subsidiary, known as Orange Cyberdefense. The company has recently identified cybersecurity as a priority for the business. A spokesperson for the division said that the acquisition of Lexsi will help the division boost their ability to detect, analyse and respond to threats of cyber attacks, positioning the company as a major player within Europe.
Currently, Lexsi provides services in audit, consulting others, incident response and further training in cyber security. They currently employ over 170 experts to help these services. According to Orange, it has the largest independent incident response team within Europe.
The Orange Cyberdefense division aims to support companies who have issues with their cyber security and safety, whilst helping them to protect their most valuable assets. Private talks were held with equity firm Argos Soditic to acquire Lexsi. The sum of the deal has not been revealed.
The acquisition of Lexsi represents to Orange Cyberdefense a new phase of development. It will allow the company to bring in extra levels of expertise, helping to cement the company’s place as the leader of IT security services in France, as well as being a major player in Europe.
For more information about the services which Orange provides in the UK as part of EE, call Orange Customer Services.