Picture of BAE Systems logo

BA. BAE Systems News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsConservativeLarge CapHigh Flyer

RCS - Armor - Armor Acquires Quantum Security

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230804:nRSD2807Ia&default-theme=true

RNS Number : 2807I  Armor  04 August 2023

Armor Acquires Quantum Security, Further Strengthening Its Position in the
Cloud Security and IT Risk Market

This strategic acquisition greatly enhances Armor's capabilities in cloud
security and IT risk, delivering advanced solutions to its customers across
US, EMEA, and Asia Pacific.

DALLAS / ACCESSWIRE / August 3, 2023 / Armor, a leading cybersecurity company
providing cloud and hybrid cloud security solutions to businesses globally,
today announced its acquisition of Quantum Security, a Singapore-based
cybersecurity firm that specializes in cloud automation and services. The
acquisition is aimed at enhancing Armor's capabilities in cloud security and
IT risk, delivering advanced solutions to its customers across US, EMEA, and
Asia Pacific.

Related Image
(https://cdn.newswire.com/files/x/66/b7/4ebd4e31d677fbf0be6f83e5528a.png)

As businesses continue to move to the cloud, accelerate adoption of IoT and
with the continuous advancement of AI, the traditional security measures are
no longer sufficient to safeguard organizations. Armor, as a cloud-native
cybersecurity company, understands the unique challenges of securing hybrid
cloud and offers comprehensive and scalable security solutions to protect
critical data and applications while ensuring compliance with security
standards such as PCI, HIPAA, GDPR and many more. Quantum Security's expertise
in cloud automation and services will complement Armor's existing capabilities
and help the company deliver more comprehensive solutions to its customers.

Chris Drake, Founder and CEO of Armor, said, "We are thrilled to welcome
Quantum Security to the Armor family. Their deep expertise in cloud automation
and services, coupled with Armor's proven track record of providing secure
cloud solutions, will enable us to offer more value to our customers and
further strengthen our position in the cloud security market."

Luke Fritz, Head of Product and Engineering at Quantum Security, said, "We're
excited to join the Armor team and for the opportunity to bring the
cloud-native, customer-centric solutions we've built to a broader audience.
We're equally excited for the technological opportunities and what we can
build together - leveraging both companies' extensive experience developing
solutions that simplify security and compliance."

The acquisition marks a significant milestone for Armor, as the company
continues to expand its capabilities and reach in the cloud security market.
Armor's acquisition of Quantum Security expands its global footprint of
clients and personnel and underlines its commitment to invest in research and
development, as well as strategic acquisitions, to deliver advanced cloud
security solutions to its customers.

About Armor

Armor is a cloud-native cybersecurity company providing cloud security &
risk solutions to businesses globally. With over 2,000 businesses secured,
Armor's cloud security platform offers comprehensive and scalable security
solutions to protect critical data and applications. The company is
headquartered in Dallas, Texas, and has offices in the United States, Europe,
and now Singapore. For more information, visit www.armor.com
(https://stats.newswire.com/x/html?final=aHR0cHM6Ly93d3cuYXJtb3IuY29tLw&sig=k71mHA2RIx0thXV9bomQlEDzPfN7betlzAHwWwyWVdmmL8SYkF7_xoHF6GWQSLy-WhIfagJ2joO-TXx7uVAJ0g&hit%2Csum=WyIzejYzZnUiLCIzejYzZnYiLCIzejYzZnciXQ)
.

Contact Information

Armor PR

Armor Corporate Communications
press@armor.com (mailto:press@armor.com)

877 262 3473

SOURCE: Armor

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRABLGDIXUGDGXX

Recent news on BAE Systems

See all news