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Orange Snaps Up SecureLink for 515 Million

May 08, 2019 - Marketline Newswire
Mergers and Acquisitions

French telecommunications heavyweight Orange has bought its second cybersecurity company in twelve weeks, agreeing to pay private equity fund Investcorp 515 million for Dutch security services provider SecureLink and its 660-strong team.

The deal follows Orange’s February buyout of the UK’s SecureData. It is Europe’s largest cybersecurity services deal to-date, Investcorp noted. The acquisition, announced late Tuesday, “greatly accelerates Orange’s strate...