Liquid Intelligent Technologies has acquired Egyptian cloud and security firm Cysiv MEA, formerly known as SecureMisr.
Operating in the enterprise space with a number of major clients in the financial services sector, Cysiv will be rebranded as Liquid C2 following its acquisition. Liquid plans to significantly grow its Egyptian business via local talent, with ambitions to make the market a key hub for the Middle East and North Africa (MENA) region.
Sherif Shaltout, VP of Operations, Cysiv MEA, said: “We are now in an even stronger position to enable our enterprise customers in Egypt and the MENA region to accelerate their digital transformation whilst at the same time acquiring more sophisticated tools to deal with ever-increasing threats through our expanded cloud and cyber security services portfolio.”
David Behr, CEO of Liquid C2, added: “Liquid recognises the critical role Cysiv MEA has been playing in the cloud and cyber security industry in Egypt and the region. Our main task as a group is to support them in bringing more cyber security tools for our customers as they face an increasingly hostile global threat environment from cybercriminals and nation-state sponsored attackers. This will ensure that their business is protected whilst also meeting the demands for global compliance requirements.”