Analysis

Entrance to Swedish cybersecurity market with Safeside

2nd November 2016
Enaie Azambuja
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Nixu started local operations in Sweden by acquiring Europoint Networking AB in Spring 2016. After the successful entrance to the Swedish market, Nixu now strengthens its offering by joining forces with Safeside Solutions AB, which is specialised in cybersecurity consulting. Nixu’s growth vision is to become a go-to-partner in cybersecurity services for companies headquartered in the Northern Europe.

The first foothold in the Swedish market has proven to be successful and after Safeside joining the team, Nixu can provide a large holistic portfolio of cybersecurity service to the Swedish market both locally and from other locations such as Finland and Netherlands.

In this arrangement Nixu Corporation buys 100% of the shares of Safeside Solutions AB from the company's founders Niklas Chachalatos, Mårten Möller and Mats Lindgren. The Safeside founders and the team will all join Nixu’s growing team of cybersecurity experts.

Nixu’s CEO Petri Kairinen comments: “As we continue on our strategic growth journey, the fastest way to accelerate growth is to find and integrate existing teams. Safeside has a good focus on information security management services and interesting customers. Together we will have a team of top industry specialists, and we share the same goal of being the best place to work for cybersecurity professionals.”

Nixu’s Head of Sweden market Björn Sjöholm comments: “Now Nixu Sweden has a local team of about 30 cybersecurity consultants, which is a formidable talent pool in the fragmented cybersecurity market of Sweden. Together with our 200 colleagues and managed services across whole Nixu, we can offer a true cybersecurity partnership to our clients ranging from advisory to development and assessment, threat monitoring and incident response services.”

Safeside’s Chief Executive Officer Mats Lindgren comments: “New rules and regulations, cyber threats and digitalisation have increased our customers need for cybersecurity and our services. Together with Nixu we will be a part of a larger organisation which gives us the possibility to accommodate these needs. Nixu has a strong vision on the future of cybersecurity, a strong culture and a way to value their personnel which made us feel that together we can build a strong cybersecurity partner for Swedish customers.”

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