TLDR:
- Telenor Cyberdefence acquired Combitech to enhance its cybersecurity services.
- The acquisition will help Telenor Cyberdefence expand in the Nordics.
Telenor Cyberdefence recently acquired the Norwegian operation of Swedish security company Combitech to strengthen its expertise in cybersecurity. This move comes shortly after the launch of Telenor Cyberdefence’s cybersecurity business. The acquisition was deemed a “perfect match” by Telenor Cyberdefence, with Combitech bringing solid expertise and a history in the security business. The agreement also includes the appointment of Combitech’s Norwegian business CEO as Telenor Cyberdefence’s COO.
By acquiring Combitech, Telenor Cyberdefence aims to enhance its cybersecurity services, expand its presence in the Nordics, and grow its customer base. The value of the transaction was not disclosed, but the acquisition is part of Telenor Cyberdefence’s strategic initiatives to reinforce its operations. Combitech’s Norwegian unit, consisting of just over 20 employees, will work closely with Telenor Norway’s business division.
Through this merger, Combitech and Telenor Cyberdefence plan to offer customers improved security services and support in an ever-changing threat landscape. The acquisition positions Telenor Cyberdefence as a leading security environment in Norway and sets a strong foundation for future investments in cybersecurity.