Proximus has moved to boost its security offering to the enterprise market by acquiring Netherlands-based ION-IP.
The managed security provider optimises the performance, security and visibility of business critical communication processes, largely through its Point of Control solution.
Proximus said the acquisition enabled it to offer end-to-end security services across the Benelux.
Financial details of the deal, which includes 20 ION-IP staff, were not disclosed.
Proximus saw enterprise sales tick up 1.7 percent to €1.4 billion last year thanks to growth in ICT services, which includes security, mobile devices and what it calls “advanced” business services.
[Read more: Proximus hails 2017 earnings growth, but sales slow]
Dominique Leroy, CEO of Proximus, said: “Proximus wants to be a leading actor in the domain of security.
“The acquisition of ION-IP further underlines this ambition and accelerates Proximus development in the security market for the enterprise segment.
“With the growing number of threats, the increasing sophistication of the attacks and the rising pressure of regulatory requirements for security and data protection, enterprises will continue to increase their security investments in the coming years.”
Read more: 5G is a journey requiring leaps of faith and baby steps, claims Proximus CTO
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