Allurity Acquisition News – Allurity Completes Strategic Acquisition of Lyvoc
Sep 14, 2024 | By Team SR
Allurity proudly announces the strategic acquisition of Lyvoc, a premier cybersecurity integration partner renowned for its expertise in supporting its clients to accelerate and secure their digital transformation. This acquisition marks a significant milestone for Allurity, enhancing its market position and expanding its comprehensive cybersecurity offering.
Read also - Reverion funding news – Munich-based Reverion Secures $62 Million in Series A Round Funding
Lyvoc, based in France, brings a wealth of knowledge and experience in Identity and Access Management (IAM), Cloud Security and Security Compliance Automation. With a dedicated team of +50 passionate cybersecurity professionals, Lyvoc has built focused partnerships with Okta (IAM), Drata (Security Compliance Automation) and Wiz (Cloud Security) and has trusted relationships with more than 150 customers.
Read also - Bounti funding news – Bounti Raises $16 Million in Seed Funding led by Google Ventures
RECOMMENDED FOR YOU
The strong technical expertise, combined with organizational change management and project management skills, ensures a seamless integration and superior service delivery.
“By joining forces with Lyvoc, Allurity enhances its capabilities with advanced cybersecurity integration services and deep technical expertise,” stated Frida Westerberg, CEO of Allurity. “This strategic acquisition aligns perfectly with our vision to become the preferred partner for tech-enabled cybersecurity services in Europe. It not only expands our global impact but also strengthens our mission to create a safe digital world. Lyvoc brings a highly skilled team of passionate cybersecurity specialists and establishes our presence in France, a key market for cybersecurity in Europe.”
“Lyvoc has always been at the forefront of delivering innovative cybersecurity solutions to protect against evolving cyber threats. We have been awarded #1 Okta partner in EMEA 2 years in a row,” said Roland Kamara, Founder/CEO of Lyvoc. “Joining forces with Allurity allows us to expand our core partnerships (Okta, Wiz, Drata) to more countries and combine our strengths to offer holistic cybersecurity services. Together, we are poised to set new standards in cybersecurity, ensuring that our clients receive the best protection and insights.”
The Allurity group now includes nine premier brands across Europe, including Spanish Aiuken, Swedish Arctic Group and ID North, Portuguese CloudComputing, Danish CSIS, British SecAlliance, Swiss SECURIX, German SRLabs and now French Lyvoc. This acquisition accelerates Allurity’s strategy to become the leading cybersecurity powerhouse in Europe. Currently, the group generates approximately EUR 120 million in revenue, serving customers globally.
About Allurity
Allurity is a group of tech-enabled cybersecurity service providers, comprising best-in-class companies with a common mission to enable a safe digital world. It invest in and bring together companies that mutually benefit from being part of the same ecosystem, while maintaining operational and entrepreneurial flexibility. The Allurity group is built on companies and people who all want to develop, strengthen, and accelerate the business with like-minded. Allurity's vision is to become the preferred partner of cybersecurity services in Europe, strengthen cybersecurity with customers and bridge the skills gap, contributing to society by combating cybercrime and making the world a better place.
About Lyvoc
Lyvoc is a professional services company developing a strong expertise on identity and access management (IAM) and Single Sign-on (SSO). Lyvoc is constantly looking for young professionals with strong ethics and a will to accelerate their careers in IT security and Java development in a modern Cloud ecosystem.
Recommended Stories for You
Cataneo acquisition news – Munich-based Cataneo is Acquired by Brand Engagement Network (BEN)
Kailee Rainse Oct 31, 2024