Dutch telecom giant KPN buys some security with the acquisition of managed cybersecurity services firm DearBytes. Financial details of the deal are not available.
Founded in 2001 and based in Beverwijk, the Netherlands, DearBytes offers a portfolio of services including data protection and encryption, email and web security, endpoint protection, network security and security management through partners Fortinet, Fireye, CyberArk and Intel Security. Post-acquisition the company's 85 employees join the KPN security services arm, split between the existing office and the telco's The Hague HQ.
DearBytes will continue operating under its own brand, with CEO Erik Remmelzwaal retaining leadership position.
"With the acquisition of DearBytes we strengthen our leading position as the security service provider of the Netherlands," KPN says. "We are pleased with the acquisition of enthusiastic new colleagues who-- in addition to their experience and customer base-- bring in many new ideas and expertise. Both companies focus strongly on the Dutch market and have a shared mission to make our country freer and more secure."