NTT Communications (NTT Com) has entered into a definitive agreement with Secode AB (Secode), to acquire all shares of Secode through NTT Communications Deutschland, its wholly owned subsidiary in Germany.
Following the acquisition, Secode will operate as a wholly owned subsidiary led by Trygve Reinertsen, Secode’s current CEO.
The company aims to enhance its services by leveraging Secode’s managed-security and security-consulting services, expands its capabilities and to provide its services in northern Europe.
In addition, it will fold Secode’s security operation centers (SOCs) in Sweden and Norway into its existing group of SOCs in Japan, Germany, Singapore and the US, the latter three of which were added in October 2009 when NTT Com acquired a majority stake in Integralis AG in Germany.
NTT Com president and CEO Akira Arima said that the addition of Secode will enrich the NTT Com group’s portfolio of managed-security services and strengthen their Nordic business, together with their global security unit Integralis AG.
"This will enhance our capabilities to meet market demands for a variety of security services at the global level," Arima said.
