Liquid Intelligent Technologies has gotten a Cairo-based cloud and cyber security company, Cysiv MEA. Cysiv MEA has actually stayed in business given that 2008 and specialises in supplying business cloud and cyber security services to a few of Egypt’s leading business, especially in the monetary services and telecom sectors.
The acquisition follows Liquid released in Nigeria last December. Currently present in 13 African nations, the business’s venture into Egypt will work as an increase for its portfolio in Africa. The Cassava Technologies subsidiary has actually likewise remained in the news for revealing a brand-new partnership with Microsoft to “provide web access to 20 million underserved individuals in Africa by the end of 2025.” Liquid likewise revealed a collaboration with Nokia to release Nokia’s transportation network on the brand-new terrestrial fiber path linking Mombasa, Kenya, to Johannesburg, South Africa.
The acquisition will enable Liquid to rebrand Cysiv MEA as Liquid C2 to align it with its worldwide cloud and cybersecurity identity. According to a declaration by Liquid, the business prepares to considerably grow Liquid C2 by using the wealth of regional tech skill, making Egypt an essential center for the MENA area.
David Behr, the CEO of Liquid C2, stated in a declaration that the acquisition will assist secure clients from attacks from cybercriminals and nation-state-sponsored enemies. “Liquid identifies the vital function Cysiv MEA has actually been playing in the cloud and cyber security market in Egypt and the area. Our primary job as a group is to support them in bringing more cyber security tools for our consumers as they deal with a significantly hostile worldwide danger environment from cybercriminals and nation-state-sponsored assailants. This will guarantee that their organization is secured whilst likewise satisfying the needs for worldwide compliance requirements,” he stated.
Echoing the exact same belief, Sherif Shaltout, the vice president of operations at Cysiv MEA specified, “We are now in an even more powerful position to allow our business consumers in Egypt and the MENA area to accelerate their digital change whilst at the exact same time getting more advanced tools to handle ever-increasing dangers through our broadened cloud and cyber security services portfolio.”
