Brief: Secunet Security Networks Acquires SysEleven

Secunet Security Networks AG

17/05/2022 12:10

May 17 (Reuters) - SECUNET SECURITY NETWORKS AG  YSNG.DE :
    * ACQUIRES SYSELEVEN GMBH
    * ACQUIRES 100 PERCENT OF SHARES IN SYSELEVEN GMBH
(SYSELEVEN)
    * WITH ACQUISITION, SECUNET IS SIGNIFICANTLY EXPANDING ITS
RANGE
OF SOLUTIONS IN AREAS OF CLOUD AND CLOUD SECURITY
    * PURCHASE PRICE AMOUNTS TO AROUND 50 MILLION EUROS AND CAN
BE
INCREASED BY A TOTAL OF 15 MILLION EUROS THROUGH
PERFORMANCE-BASED COMPONENTS (EARN-OUT) EXTENDING INTO 2024.

Source text for Eikon:  ID:nEQ4dXTqTa 
Further company coverage:  YSNG.DE 

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