Internet Smartsec snapped up by ALSO
Swiss ALSO Holding has acquired Finnish importer and value-added distributor of high-standard security and network products, Internet Smartsec.
The announcement comes on the heels of Internet Smartsec‘s net sales figures from 2016, which ballooned 61 per cent on the previous year’s figure to top 4.5 million euros.
Internet Smartsec’s portfolio includes secure e-commerce solutions, VPN routers, user identification equipment, smart cards, encryption technology, IDS and filtering products, as well as various firewall devices. Furthermore, the company also provides consultation and training in data security and data networks.
“As a leading company in Europe, ALSO provides us with broad access to international markets,” says Tom Mickelsson, partner at Internet Smartsec. “We are delighted to become part of the ALSO Group and offer a more comprehensive range of products and services to our customers.”
The acquisition price was not disclosed.