F-Secure acquires Nordic’s leading cybersecurity provider Nsense
F-Secure has signed a definitive agreement to acquire Nsense, a privately held Danish company providing security consultation and vulnerability assessment services and products to large enterprises.
The acquisition strengthens F-Secure’s position as a prominent security vendor in Europe, and lays a foundation for the company’s growth as a cybersecurity leader in the region.
Nsense provides protection services to financial institutions, service providers, and other large enterprises, and F-Secure’s acquisition of the company will add these services to its own security solutions. The combined portfolio will allow F-Secure to provide incident response and forensic expertise, comprehensive vulnerability assessment, and threat intelligence and security management services to enterprises and businesses.
The deal value consists of an immediate payment of 11 million euros in cash, a deferred payment of four million euros in F-Secure shares and an earn-out element worth a maximum of three million euros in cash subject to the achievement of certain milestones in the next two years.
Msense CEO Jens Thonke will join the F-Secure Leadership Team and all 70 Nsense employees will transfer to F-Secure.
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