Bahrain-based Beyon Cyber, part of the Beyon Group, has signed a deal to acquire a majority shareholding in Dubai-headquartered cybersecurity provider DTS Solution.
The acquisition aligns with Beyon Cyber’s growth plans to expand its geographical footprint and widen its portfolio of cybersecurity offerings, according to a press release.
In addition, the Hamala-based company aims to ensure the delivery of industry-leading cybersecurity products and provide services that meet challenging security needs.
Founded in 2011, DTS Solution is a regional cybersecurity advisory, consulting, and engineering firm which secures a range of enhanced services and solutions to combat cybercrime.
Meanwhile, Beyon Cyber is a cybersecurity provider that operates the Cybersecurity Operations Centre (CSOC) in Bahrain. It offers advanced end-to-end cybersecurity solutions, along with managed services and advisory to organisations across the Kingdom.
Shaikh Mohamed bin Khalifa Al Khalifa, Chief Digital Growth Officer of Beyon, said: “The acquisition of DTS will enable Beyon Cyber to bring additional cybersecurity capabilities to its growing base of customers across the Middle East region and beyond.”
CEO of Beyon Cyber, Shaikh Khalid bin Daij Al Khalifa, noted:“Through our combined strength of over 60 cybersecurity experts, world leading technology partners, and unique managed services, our customers now have access to a wide range of cybersecurity services such as advisory and consultancy, security solutions, cyber defense services, [operational technology] (OT) security and fintech security among others.”
Vahe Daghlian, CEO of DTS Solution, highlighted: “We look forward to continuing with our journey, working with Beyon Cyber in serving the growing needs of the industry, which is experiencing a huge shift through digital transformation, in the region and further afield.”