Liquid acquires Egyptian cyber security firm Cysiv MEA
Liquid Intelligent Technologies has acquired cloud and cyber security firm in Egypt, Cysiv MEA, boosting its portfolio in Africa and the Middle East.
Cysiv MEA, formerly SecureMisr, provides enterprise cloud and cyber security services to some of Egypt's blue-chip companies, particularly in the financial services sector.
The company will rebrand from Cysiv MEA to Liquid C2 to align with Liquid’s global cloud and cyber security identity.
Liquid, a Cassava Technologies company, which operations in Africa, UK, the US and Latin America, says it plans to “significantly grow the Egyptian business” by tapping into local tech talent, making Egypt a key hub for the Middle East and North Africa (MENA) region.
"Liquid recognises the critical role Cysiv MEA has been playing in the cloud and cyber security industry in Egypt and the region. Our main task as a group is to support them in bringing more cyber security tools for our customers as they face an increasingly hostile global threat environment from cybercriminals and nation-state sponsored attackers,” says David Behr, Liquid C2 CEO.
“This will ensure that their business is protected whilst also meeting the demands for global compliance requirements. We will build on the strong market position, experienced leadership, in-depth industry knowledge, world-class team, and customer-centric philosophy that has been synonymous with the Liquid C2 brand."
Sherif Shaltout, VP of operations, Cysiv MEA, comments: "Since our founding in 2008 as SecureMisr, our mission has been to empower customers with world-class cloud and cyber security services and solutions that pre-emptively protect against attacks and loss of digital assets caused by an ever-evolving threat landscape, before it affects the business.
"We are thrilled to be joining the Liquid family and to be part of an industry-leading brand like Liquid C2. We are now in an even stronger position to enable our enterprise customers in Egypt and the MENA region to accelerate their digital transformation whilst at the same time acquiring more sophisticated tools to deal with ever-increasing threats through our expanded cloud and cyber security services portfolio.’’