IT Security

Reliance in cyber deal

by Mark Rowe

London-based cyber security specialist ACSN Ltd has merged with Reliance Cyber Science to create RelianceACSN Ltd.

The firms say that the merger provides the business with significant development capital to finance expanding technical skills and technology platforms. It provides access to the Reliance customer base and management resources.

Peter Martin and Eamon Flavin, ACSN founders, will be joined on the board by industry veteran Brian Kingham, of Reliance Security Group Ltd (and Norland Managed Services) and by Andy Dancer, former founder of encryption company Identum Ltd and Chief Technology Officer EMEA of Trend Micro.

Peter Martin, Managing Director, said: “We have worked with major global brands and businesses for the past 13 years. Our clients are demanding comprehensive solutions protecting the end to end cyber security for their business. Point security solutions don’t work. We see gaps in the market calling out for well-resourced integrated cyber solutions. We are not merely technology providers but a designer and integrator of cyber security solutions. Our key value-add for customers is in continuous real time involvement with intelligence and managing cyber threats across a diverse customer base. Our focus is long term customer relationships and the implementation and continuous delivery of managed solutions. Our merger with Reliance will allow us to rapidly broaden the scope of our operations to engineer and deliver larger, more complex solutions.”

And Brian Kingham said: “Cyber security growth is white hot for very good reasons: industry losses are more than £400 billion a year as a result of security breaches. The ACSN team over the last 13 years has earned a reputation for technical excellence in which we will significantly invest, broadening and deepening our market leadership in the years ahead.”

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