Irish headquartered cybersecurity specialist Integrity360 has bought European cyber security services company Advantio for an undisclosed sum.
The company said today's deal will enable it to expand further into continental Europe and provides an additional cyber services practice focused on Payment Card Industry (PCI) compliance.
Integrity360 also said it has formed a strategic partnership with the Advantio founders to expand the footprint of ZeroRisk, a platform providing compliance and cyber risk management profiling services for the payment industry.
Advantio was founded in 2009 and employs about 115 workers.
Headquartered in Dublin it operates from facilities in Italy, Spain, UK, Lithuania, and Ukraine and serves over 250 customers across Europe, the USA and Asia.
Ian Brown, Executive Chairman at Integrity360, said the enhanced group will significantly expand the company's existing activities and cyber services throughout continental Europe.
The deal will also further develop Advantio's considerable expertise in PCI compliance, he added.
"The combination of the two businesses provides a powerhouse of technical cyber and security payments expertise for the group's customer base, including preparing for the impending arrival of the new PCI DSS 4.0 standard which requires comprehensive threat detection and incident response services," Mr Brown said.
"The two companies are highly complementary, with common strengths in cyber assurance, cyber security testing and managed detection and response and share the same customer service ethos," he added.
Marco Borza, founder and chief executive of Advantio, said the the company's skills combined with those of Integrity360 will provide an extension of its portfolio of professional, support and managed services.
