Exponant Information Security Solutions (EISS), a company focused on the provision of data-centric security solutions based on world-class technologies and proven methodologies, today announced that Blue Turtle Technologies (Blue Turtle) has invested in it, in a move designed to accelerate the growth of both organisations.
The deal, effective 30 November 2014, will provide both the combined companies’ customers access to a larger portfolio of products, and provide their joint partners greater opportunity to offer new solutions in adjacent markets.
This investment has resulted in the formation of Blue Secure, bringing together the security capabilities of Blue Turtle and EISS, as a security focused business within the Blue Turtle group.
“Blue Turtle provides a complementary set of solutions to our own, in areas such as application, operations and data management, enabling us to open up opportunities for Splunk and Imperva products,” commented Wolfgang Selzer, managing director of EISS. “In addition, the relationship provides an extended footprint for us within the 250 existing Blue Turtle customers.”
“The acquisition of EISS is part of Blue Turtle’s strategy to build a family of security products that address a comprehensive range of needs. In turn, we were looking for a partner to help us in information security sector and one that would provide proven solutions to our customer base,” added Martyn Healy, marketing director of Blue Turtle. “This is precisely what EISS brings to Blue Secure covering security solutions, implementation and support services. In addition, EISS has been growing fast and provides a strong customer and product platform that serves as a springboard for the new venture.”
“This new initiative will also address the fast growing African sector in places such as Kenya, Mauritius and Nigeria,” concluded Selzer. “We believe there is a good cultural fit between our teams, and the combined strength of the two organisations presents a real opportunity at the right time for Blue Secure.”